RE: tin29 Jun 2021 17:37
TIN
Tin is the forgotten foot soldier of the energy transition, which will be the largest long-term demand driver for the soldering metal, Kettle said.
Nearly 50% of demand for tin, estimated at around 340,000 tonnes this year, is for electronic components, many of them vital for the low carbon economy.
Without tin, electrons don't flow and electric vehicle batteries don't charge.
Jeremy Pearce, analyst at the International Tin Association, estimates electric vehicles, renewables and energy storage use around 45,000 tonnes of tin a year.
"This could increase to up to 70,000 tonnes per annum in 2025 and perhaps 100,000 tonnes per annum in 2030."