Since ancient times, the western coasts of Europe were known for the Mediterranean countries because of rich tin deposits and the amber coasts. Phoenicians, Greeks and Punic were interested in the metal. Later, the Greeks tried to reach the tin islands or cassiterides. According to ancient geography, these were islands off the coast of Britain. There are said to have been tin mines here. The tin is said to have been exchanged for salt, pottery and copper tableware. It was discovered that tin, when added to copper, was best suited to increase hardness and simplify casting.
If you travel back to the 1980s, the tin price crashed at that time. For decades, almost no one looked for new tin deposits. Tin had gone out of fashion. And so today, the existence of tin deposits is often unknown. Yet tin is in demand in the environmental and energy sectors. The metal is used in electric cars, energy storage devices and many computers. Tin is also used in the generation of solar energy.
These are all areas that are accompanied by increasing demand. Global tin production, including recycled tin, currently just about covers demand. There could be a deficit in the coming years. So tin should enjoy increasing popularity, as well as, from an investor's point of view, the companies that look after tin deposits.
For example, First Tin - https://youtu.be/H3sL_BuWsq4 -. The company owns two advanced tin projects in Australia and in Germany (Saxony), and production could start in a few years, probably by 2025. Tin One Resources is also committed to tin as a raw material.
Well financed, Tin One Resources - https://youtu.be/JJHDhi8677c - is developing advanced projects in Tasmania and in New South Wales. The company owns 100 percent of the three tin projects.
Current corporate information and press releases from First Tin (- https://www.resource-capital.ch/de/unternehmen/first-tin-plc/ -).
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