"Meanwhile, it was a reported this week by Bloomberg that Apple Inc. and Samsung Electronics are making intensive efforts to find new sources of tin now that the Indonesian government has clamped down on exports from the many illegal tin miners in that country, (and particularly on tin-rich Bangka Island). It is expected that the government’s efforts to put those operators out of business will see Indonesian exports (now the world’s biggest) drop by two-thirds this year to 60,000 tonnes. Bloomberg reported that Foxconn Technology Group, Apple’s biggest contractor, uses thousands of tonnes of the metal which are inserted as tiny blobs on to circuitry boards in iPhones and iPads. Samsung, along with SonyCorp and South Korea’s LG Electronics, also have been heavily reliant for tin on mines on Bangka. -
See more at: http://investorintel.com/3d-print-intel/chinese-apple-seek-new-tin-supplies/#sthash.u1yOAsA0.dpuf
Wouldn't it be nice to get a direct off take agreement from Samsung or Apple :) Tin play is still going strong and will only get better in the years to come imho. I think Kasbah will be entering the market at the right time to take advantage of the looming shortage and high price :)
Tonza
"Meanwhile, it was a reported this week by Bloomberg that Apple...
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