We need a new mine like Bisie every year for the foreseeable future!As Alphamin soars on mile wide margins, the market seems slow to recognise that tin is the ‘glue’ of the future. For instance, the International Tin Association reckoned 60,000 tons of tin demand can come from electric vehicles alone.
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Alphamin’s own studies suggest that even at an annual growth rate of between 2% to 3% an additional 8,000 to 10,000/t in tin demand will be generated. Bisie is shooting for production of 12,000 t this year which means global demand needs a new mine like Bisie every year for the foreseeable future, said Smith.'
So where is all this new source of supply expected to come from? If not, from a sovereign-trusted country with a track-record of high ESG responsibilities then where?
All in my opinion, DYOR, GLTAH
