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Pressemitteilung Box-ID: 1118981

Swiss Resource Capital AG Poststrasse 1 9100 Herisau, Schweiz http://www.resource-capital.ch
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Tin already appeared in Homer

(PresseBox) (Herisau, )
Agamemnon and Heracles had ornamental ornaments made of pewter on chariots and shields.

Today, the silvery-white soft heavy metal is no longer often used for pewter dishes, but it completes its service in the field of electric soldering and also in medicine. More than 80 percent of tin comes from placer deposits, from central China to Thailand and Indonesia. Tin is also found in the Erzgebirge mountains in Germany. The industrial metal tin is currently suffering the same fate as other industrial metals such as aluminum, nickel and zinc. The profits made in the first quarter of 2022 were wiped out again in the second quarter. This is because recession fears are growing among market participants and weaker demand for metals is expected. In some cases, industrial metals saw significant price increases for many months, which were then followed by a correction in April and May. The reasons for this are the tightening policy of the central banks and the threat of recession. For the USA in particular, many analysts are predicting a recession in 2023. Of course, this does not do metal prices much good.

In addition, there is the still present danger of further corona lockdowns in China, which is not conducive to the economy and thus to the industrial metals. Based on the losses in the second quarter, it seems reasonable to assume that fears of recession are already priced in. Sooner or later, the prices of the industrial metals, and thus also tin, will move up again. Especially if it becomes clear that the Fed can save the US economy from recession. In any case, investors should take advantage of the current low prices to buy tin stocks, for example.

First Tin - https://youtu.be/P6fq8kYrHUk - would come into question. With advanced projects in Germany and Australia, the company has set itself the goal of becoming the largest listed tin producer for the fourth industrial revolution.

Tin One plans to build a mine (Syrymbet deposit) in Kazakhstan. A robust feasibility study is in place, features an open pit mine and a new processing plant with a capacity of 2.5 million tons of material per year.

Current corporate information and press releases from First Tin (- https://www.resource-capital.ch/en/companies/first-tin-plc/ -).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/

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Für die oben stehenden Pressemitteilungen, das angezeigte Event bzw. das Stellenangebot sowie für das angezeigte Bild- und Tonmaterial ist allein der jeweils angegebene Herausgeber (siehe Firmeninfo bei Klick auf Bild/Meldungstitel oder Firmeninfo rechte Spalte) verantwortlich. Dieser ist in der Regel auch Urheber der Pressetexte sowie der angehängten Bild-, Ton- und Informationsmaterialien. Die Nutzung von hier veröffentlichten Informationen zur Eigeninformation und redaktionellen Weiterverarbeitung ist in der Regel kostenfrei. Bitte klären Sie vor einer Weiterverwendung urheberrechtliche Fragen mit dem angegebenen Herausgeber. Bei Veröffentlichung senden Sie bitte ein Belegexemplar an service@pressebox.de.