Atm21 Aug 2024 07:58
China, the largest refiner and consumer of #tin, is facing a significant supply issue. In the past six months, ore imports have decreased by 19.48% (yoy), and tin ingot imports have plummeted by 91.51% (yoy), even though demand has remained steady. This shortage has led to a 34% drop in #SHFE metal stockpiles over 11 weeks, equating to a reduction of 6,200 tonnes.
The world needs more tin mines and development projects to meet the growing demand
Our position in the market is perfectly timed and with doubling production and the mine life is huge here.