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Swiss Resource Capital AG Poststrasse 1 9100 Herisau, Switzerland http://www.resource-capital.ch
Contact Mr Jochen Staiger +41 71 354 85 01

Tin - a raw material not to be underestimated

Sentiment on the tin market is positive, also due to the reopening of China's

(PresseBox) (Herisau, )
Some things would not work without solder. For example, solar modules and electric vehicles need a lot of tin during production. Therefore, the raw material and the companies that produce tin are of interest to investors. Around 310,000 tons of tin were produced worldwide in 2022. The year before, it was 305,000 tons. Most of the tin, around 95,000 tons, came from China in 2022. In second place among producing countries was Indonesia with 74,000 tons. Maintenance work at smelters affected nearly 90 percent of China's tin production in the third quarter, according to the International Tin Association. The largest tin producer by far last year was China's Yunnan Tin Company. It is one of the ten largest producers, accounting for around 60 percent of global tin production.

Yunnan Tin Company produced 77,100 tons of tin in 2022, six percent less than the previous year. The second largest tin producer is the privately owned Minsur with the Pucamarca tin-gold mine in Peru. In third place is again a Chinese company, and in fourth place among the largest tin producers is PT Timah in Indonesia. The fifth largest tin producer is in Malaysia. In Europe, a company in Belgium is the largest tin producer and describes itself as a zero waste producer. But there are also opportunities for investors among the smaller tin companies. In Australia, for example. On the island of Tasmania, which belongs to Australia, and on the Australian mainland, Tin One Resources - https://www.commodity-tv.com/play/mining-newsflash-with-chesapeake-gold-us-critical-metals-and-tinone-resources/ - owns two advanced tin projects. Also in Australia and also in Germany, First Tin - https://www.commodity-tv.com/play/first-tin-feasibility-study-permitting-and-further-drilling-full-on-track-for-both-projects/ - is working on tin projects and attaches great importance to environmental compatibility.

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.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.