Technology
Electronic circuits are connected by solder, which is made of ~95% tin. The world is rapidly electrifying and computers and their components play an increasingly integral role in our modern lives – driving demand of tin.
The green energy transition (solar PV), uptake of eclectic vehicles and high-tech technologies (including AI, 5G mobile technologies) are the strongest growth drivers for tin. However, tin continues to have a strong base of uses, including it’s more traditional sectors like lead-acid batteries, tin-plate, tin-chemicals.
Over the next decade tin has many opportunities for demand to skyrocket including in sodium-ion and other batteries, solar PV, thermoelectric materials, hydrogen-related applications and carbon capture.
Supply Shortfall
Data from the International Tin Association clearly indicates an expected shortfall in the supply of tin. Elementos is part of the ‘rest of world’ producer market. The two tin projects we are currently working on in Spain and Australia will give our company a solid footing to meet some of this shortfall.These projects will give Elementos a clear competitive advantage in the global tin market.
Figure 1. Refined Tin Supply and Demand
Market Price Outlook & Growth
Tin has historically been a steady performer in a number of markets. The anticipated future outlook for tin value on a global scale appears positive.
Figure 2. Refined Tin Consumption
International Tin Association
Elementos Limited is a member of the International Tin Association. This organisation’s commitment to delivering excellence in tin research for global producers is second to none. We’re proud to be delivering on the future of tin alongside the ITA, with a focus on creating sustainable, responsible projects.
If you would like more information on the ITA or the tin market, feel free to view their tin market flyer.
This information is not intended to be interpreted as investment advice. Please seek unbiased advice from a professional broker or financial adviser before making your decision to invest.