Finanzen / Bilanzen

Tin is not an insignificant raw material

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/).

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

Disclaimer: The information provided does not constitute any form of recommendation or advice. Express reference is made to the risks involved in securities trading. No liability can be accepted for any damages arising from the use of this blog. I would like to point out that shares and especially warrant investments are fundamentally 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 a mistake, especially with regard to figures and prices. The information contained is taken from sources that are considered reliable, but in no way claim to be correct or complete. Due to judicial decisions the contents of linked external pages are to be answered for (so among other things regional court Hamburg, in the judgement of 12.05.1998 – 312 O 85/98), as long as no explicit dissociation from these takes place. Despite careful control of the contents, I do not assume any liability for the contents of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG applies additionally: https://www.resource-capital.ch/de/disclaimer-agb/

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