CORNISH METALS - CUSN -TSX
There is a major investment opportunity for tin mining and recycling as the metal is a vital ingredient in solar energy, electric vehicles, and other future technologies.
“Over the next decade we believe demand for tin will surge as the technology super cycle brings unprecedented opportunities for the tin industry,” said Dr Jeremy Pearce, Head of Market Intelligence & Communications at ITA.
“The sector will need to adapt rapidly to meet this demand as the role of tin in enabling the energy transition and digitisation becomes more obvious”.
This industry vision to 2030 looks at the sector through the lens of macroeconomic influences, growing sustainability pressures and opportunities and the role of technology. It concludes with a wakeup call to the crucial role of tin, for example as solder – the glue that holds together all electronic and electrical infrastructures.
As the awareness of tin’s importance grows, so too will the need to secure supply. The organisation highlighted the scale of new investment required to meet the expected surge in demand. It estimates that $1.4 billion is needed to deliver 50,000 tpa more tin by 2030. This represents a huge opportunity for investors, allowing the tin sector to build a better future for all.