Yep I am watching the Tin price too mate, big fall but still AUD$25,500/t and that is about $10,000 above the C3 cost right?
If the mine has $5-$15k profit on a ton of Tin then I am happy, AUD. Tin will go higher and I am not talking about $35k/t for now we just need to see what you mentioned Seah say USD$22,500/t. I think this figure will get make people excited. I do not know why Indonesia and other countries sell Tin so cheap, I mean they were selling Tin at under their cost at the end of 2015/16. Stupid really.
Also manufactures like Samsung and Apple should show the consumers where the Tin and other metals come from coz I think that there is child's labor involved in Indonesia and other countries. I sent an email to Apple and they would not answer my question. BTW the cost of Tin in our mobile phone is about $1-$3 so ... I think Apple pays about $150 for the phone and sells it for $1,000. Sad really.
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7 | 3440128 | 0.015 |
Price($) | Vol. | No. |
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