There are very few tin reserves in Europe. The largest reserves in Germany are in the Ore Mountains. Zinc mining began there as early as the 13th century. In general, it is assumed that demand will increase and that there will therefore be a deficit in the future. Tin is used in the 5G sector, in electric vehicles, in tin chemicals, in lead-acid batteries and in food cans. It is the circuit boards in electromobility and green energy supply that can only be produced with the help of large quantities of solder.
It is a silvery-white shiny and very soft heavy metal. Formerly used in tableware production, it is now an indispensable component, especially in electric soldering. The trend is moving away from tin-lead solders to lead-free solders with tin components. This alone will ensure an increase in tin demand. The largest tin consumers include China, the USA, Japan, Europe and Asia. Tin is used as an alloying component, for example with copper. This produces bronze. To extract the metal, the ore is crushed, undergoes various processes and is then reduced with carbon. Heating then allows the tin to flow off. Today, tin is also extracted by electrolysis, also through recycling.
Incidentally, First Tin – https://www.youtube.com/watch?v=bomWcs8Y8Vg – is represented in Germany, for example, and also in Australia. The company’s tin specialists are focused on soon becoming a tin supplier in conflict-free jurisdictions with low political risk. Within three years, two advanced and low-investment tin mines are expected to begin operations.
Tin One Resources‘ tin projects are located in Tasmania and New South Wales in Australia. High-grade drill results and historical resource estimates in the prospective tin and gold portfolio are available.
Current corporate information and press releases from First Tin (- https://www.resource-capital.ch/en/companies/first-tin-plc/ -).
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