Tin is another metal that appears to be experiencing supply issues over the next several years. My picks are TAW and AVZ as they both have exposure to both Tin and Lithium.
The Manono/Kitolo mine that AVZ is currently drilling is or was a T1 history mine for Tin
COPPER, TIN RISE AS US DOLLAR WEAKENS
Tin ended up 0.6 per cent at $US20,275 a tonne, its strongest week since that ended March 4, 2016.
LME inventory data showed 1,000 tonnes of tin was booked for delivery out of warehouses, pushing on-warrant or available stocks down by nearly a third.
"We should keep in mind the underlying tin market looks tight," an industry source said.
"China's import of tin concentrates fell sharply in January, possibly pointing to a peak in Myanmar's mine output. And Peru's Minsur recently published tin metal production guidance for 2017 well below forecasts."
- Forums
- ASX - Short Term Trading
- Short Term Trading Weekly thread week starting: 20th Mar
Short Term Trading Weekly thread week starting: 20th Mar, page-530
-
- There are more pages in this discussion • 159 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries