The tradition of making figures (tin soldiers) or jewelry from pewter is more than 700 years old in Germany. It made the toy industry an important economic sector. Today, tin can be found in printed circuit boards, lithium-ion batteries and displays. Despite global volatile commodity markets, demand for tin is viewed positively by most, as the market fundamentals are in favor of the raw material. Even if demand concerns are currently weighing on the tin price. One of the world's largest tin producers from Indonesia has just announced that its production in the current year will be around 40 percent lower than originally expected. Indonesia is the second largest tin producing country. Most tin, around 30 percent, comes from China.
Most of the tin produced comes from soap deposits in coastal areas or along rivers. This from central China via Thailand to Indonesia. In Germany, tin is found in the Ore Mountains. Already in the 13th century the metal was extracted here. The towns of Geyer and Gottesberg are said to be home to the world's largest untapped tin deposit.
In Saxony, First Tin - https://www.youtube.com/watch?v=H3sL_BuWsq4 - is active in the field of tin with its Tellerhäuser project, which can already be described as advanced.
Tin One Resources - https://www.youtube.com/watch?v=JJHDhi8677c - takes care of tin projects in Tasmania and in New South Wales in Australia. At Tin One Resources' Aberfoyle project, tin mineralization was discovered as early as 1916.
Current 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/