Tin’s first application is solder for electronics, which uses 50% of the world tin.
Other industrial applications include chemicals, solar panels, batteries, float glass-making, specific alloys, …
Tin global market size, at 370 kilo tons per year, is tiny compared to other base metals like :
-aluminum (70+ million tons )
-copper cathode (25 million tons )
-zinc (12 million tons)
-nickel (3-4 million tons)
…
Indonesia’s world ranking is
#2 for tin reserves
#2 for tin mining
and #2 for tin refining
China is #1, who else !?
Tin price, at about 38000 USD per ton is way higher than
other base metals like :
– aluminum (2700 $)
– copper cathode (10500 $)
– zinc (3000$)
– nickel (15500$)
…
Learn more in the carousel on LinkedIn, link below.