Tin has a wide range of industrial applications
(PresseBox) - Because of its properties, there are many uses for tin - not just as solder.
The silvery-white industrial metal is ductile, very malleable, durable, lightweight and it is quite corrosion resistant. Primarily, tin is used in the production of solder. About half of tin consumption is devoured by this sector. The second most important application is chemicals. About 17 percent of tin is consumed in the manufacture of food packaging, pesticides, paints and plastic products. When it comes to tinplate, the tinning process involves coating a metal, iron or steel for example, with tin. Tin-coated canned goods came into being in 1795, when there was a cash prize to be won in France for food preservation. The idea was to feed armies on long campaigns.
And tin is increasingly being used as a core component in lithium-ion batteries. The world s shift towards clean energy and more electrification will therefore entail increasing tin consumption. Indeed, tin is an ideal solution for battery anodes composed of lithium and similar substances. The tin forms a barrier that ultimately significantly extends the life of a battery. In addition, the metal significantly increases the performance of the battery. Demand for tin is therefore expected to rise sharply over the next ten years. By far the most tin is produced in China. But tin is also found in Australia and even in Germany.
In Australia (Tasmania, New South Wales), Tin One Resources - https://www.commodity-tv.com/play/tinone-resources-expecting-drill-results-from-great-pyramid-soon-lithium-found-at-aberfoyle/ - has two high-grade tin projects.
The fully financed company First Tin - https://www.commodity-tv.com/play/first-tin-feasibility-study-permitting-and-further-drilling-full-on-track-for-both-projects/ - is also underway in Australia and also in Germany. In the Australian project, the feasibility study and the environmental impact study are to be completed by the end of the year.
Corporate information and press releases from First Tin (- https://www.resource-capital.ch/en/companies/first-tin-plc/ -).
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Datum: 23.03.2023 - 03:09 Uhr
Sprache: Deutsch
News-ID 679807
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