Added to that our tier one tin resource is set to become even more valuable with the upcoming electric vehicle/energy storage revolution and the need for tin in new technologies. Electric vehicles have way more electrical componentry than vehicles with internal combustion engines and thus require a lot more solder(tin).
Not only that, but this:
"The International Tin Association (ITA) has just released a report on the use of tin in lithium-ion batteries. The headline takeaway is that this additional use beyond soldering and packaging could generate a demand surge of up to 60,000 tonnes a year by 2030!"
There is also an ongoing restriction in the tin supply chain because of a shortage of supply(resource deficits and exhaustion/government restrictions) that can only bode well for AVZ for this situation will increase the price of tin going forward!go HERE
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Positives to look forward to next 3 months, page-101
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