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Tin for the electronics boom

ID: 687575

(PresseBox) - The world is changing rapidly. The supply of vital resources such as tin is a challenge.

Tin is an important technology metal whose demand will increase due to digitalization, increasing use of electronics and net zero targets. Today, around 97 percent of the world s tin supply comes from developing and emerging countries. Approximately 40 percent comes from artisanal mining. In some cases, this has catastrophic consequences for the environment. One example is the Indonesian island of Bangka. Around 100,000 workers mine tin there. Tin was discovered on this island about 300 years ago; today, illegal prospectors and large corporations are on site. Even the seabed off the coast is searched for tin. Bangka is part of a huge tin vein, the largest tin deposit on earth. This tin vein stretches from Indonesia to China. Not only the electronics boom, but also car parts, medical technology and food cans need tin in their production. Efforts for environmentally friendly mining or transparent supply chains are not easy to achieve. It is therefore important that the growing demand for tin is served by companies committed to responsible tin supply.

Compliance with environmental controls and procedures is important, as is minimizing impacts on land, water, air and climate. However, there are companies that care about sustainable tin mining.

Tin One - https://www.commodity-tv.com/ondemand/companies/profil/tinone-resources-inc/- , for example, with its highly promising portfolio of tin, lithium and tin/tungsten projects in Tasmania and New South Wales, Australia. In Tasmania, Tin One controls some of the most important tin districts. New concession areas have recently been added in northeast Tasmania (Mount Maurice project, tin and lithium).

There are also advanced tin projects in Germany, namely from First Tin - https://www.commodity-tv.com/ondemand/companies/profil/first-tin-ltd/ - in the Erzgebirge. First Tin is also active in Australia. The company aims to have two tin mines ready for production in three years at the latest.





Corporate information and press releases from First Tin (- https://www.resource-capital.ch/en/companies/first-tin-plc/ -).

In accordance with ?34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/

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Bereitgestellt von Benutzer: PresseBox
Datum: 14.07.2023 - 08:02 Uhr
Sprache: Deutsch
News-ID 687575
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