Fencing companies spokane wa
Where could I get my Dublin+UK tour tiggets from ?
2023.06.01 23:20 DanaWhitesMom Where could I get my Dublin+UK tour tiggets from ?
2023.06.01 22:52 ReputationLiving3387 I have been collecting for many years and I have just realized that the back of the mini tins display the full art 🤯
2023.06.01 22:47 Flounder_guppy Chronic stress: what can I do to help
My spouse was just diagnosed with chronic stress and hypertension. His doctor knew he was not doing well before he talked to him, he could see it on his face. He is always stressed. Today's appt was a wake up call for him. I've listed some of the stressors in his life down below. My question is how do I support him and help him when he's been so programmed to always be on edge in a toxic home with an abusive father? How do I help him when he won't stop talking negative about himself? Thank you.
His stressors: 1. He just finished his PhD in military history. It took many many years. He's 40 years old and he's tired of living like a broke student. 2. He cannot find a job (wants to be a professor). No colleges are hiring in our country for what he studied so he ha's expanded his search to out of the country. He's applied to over 300+ schools. He's heard back from maybe 15% of them. All sorry but no's. He has no idea why he hasn't at least made it to a short list or a screening interview. He's told there's no spot for him because the school is cutting the department. Or the school is hiring for a very specific focus or candidate type. He regrets his PhD. 3. He's looked at other options within the country. Nothing has come from these applications. All no's or the company is only hiring people that will meet the company's edi quotas. 4. He works nights (we share a car). He hates the job and doesn't get enough sleep. There are some days we don't see each other, despite living in the same apartment. 5. This apartment. We rent the apartment at his parents house. Our rent is affordable (we are paying $500/month). The deal is, we look after the house (snow removal, grass cutting, painting fences and decks, etc). However, most of the appliances here in the apartment are broken. If we want things that work (washing machine, dryer, fridge, kitchen tap with drinkable water, bathroom tap), it's up to us to buy new appliances. The father doesn't want to replace anything. He wants to drive us out so he can update the place and charge 5 times what we are paying. This is not a legal rental situation. It's not like we can take his parents to landlord tenant tribunal. 6. My father in law wants to kick us out. He's said this many times because he wants to charge more rent to some stranger. Called my spouse names. Belittled him. Just more of the same emotional abuse he endured when he was a kid. Everyone walks on egg shells here. Just waiting for the father to snap. No one can relax. 6. My mother is law is a shell of a woman. She is so timid and broken from the years of abuse from her husband. She is too scared to speak up and defend my spouse, like when the father attacked him at Christmas. The mother left the room and pretended like it was not happening. The mother will ignore my spouse when the father is around. It's like she has to pretend that she hates him. This is how he grew up. This is all he knows. 7. We're both treading water, we are financially stuck. We have no savings. We want to get out of this place so bad but hope to move into a new opportunity. We're tired and don't have the means to take a leap of faith.
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2023.06.01 22:27 BiodiversCity Urban gardening project
| Hey guys, We are a group of students in Montreal, and we need your input to get started with our AI project. We’re hoping to make a positive impact by supporting biodiversity in urban areas, specifically by providing personalized recommendations of native plants for people to plant in their city gardens. We’re hoping to help both beginner and experienced gardeners: our project will consider various factors such as your city/province, available space, sunlight exposure, and other preferences to curate an array of native plants for you :) We're looking for Canadians or those living close to the Canadian border to help us by filling out this form: https://forms.gle/YL2g5XbBvPHMqbY8A. We unfortunately only have data for the regions in the image below at this time, so we are looking for people who are located within or near these regions. Source: https://pollinatorpartnership.ca/en/find-your-roots We will not be collecting your email address or any other personal information. The information collected is only for the purpose of our project and will not be shared. If you have any questions or would like to learn more about our project, feel free to leave a comment or reach out to us at [ [email protected]](mailto: [email protected]). Thank you so much, Amélie, Claire, Emma, Kate, Lizzie, and Olivia submitted by BiodiversCity to garden [link] [comments] |
2023.06.01 22:23 sidal714 This Pride Month, I Encourage You All to Support Your Local Drag Queens
I know we love our Ru girls, but let’s make sure we uplift and celebrate our local girls who are work there butts off every day and do their best to showcase their talents to everyone! Especially with all the Drag bans going on in the US.
And honestly they’ll love you for that! I try my best to keep up within my local scene (Spokane, WA) and they’re all wonderful!
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2023.06.01 21:08 tincorpmetals The Global Tin Market Supports Positive Price Outlook (Tincorp Metals: TIN.V / TINFF)
The Global Tin Market Supports Positive Price Outlook
A critical shortage in tin supply is setting the stage for a positive price outlook for the commodity with deficits expected to persist in the foreseeable future.
This situation has arisen due to several factors including the lack of new tin discoveries and global events that have hindered the ability of tin miners and refiners to bring new supply into the market.
Since 1985, only four new tin mines have been put into production, now there are only a handful of operating, economic, and sustainable projects. There has been a general lack of new tin mineral exploration that has left the tin supply in desperate need of new discoveries.
The leading tin-producing nations have exhausted their near-surface high-grade tin deposits. Their mines are getting deeper, grades are declining, and operations are becoming more expensive. As a result, the London and Shanghai Metals Exchanges are experiencing historically low levels of tin supply.
China, the world’s largest tin-producing country is also the leading consumer of tin. In 2022, China accounted for approximately 30% of the global tin supply and 47% of the global tin consumption. What is alarming is that China’s tin production has consistently declined over the past 15 years which has coincided with global tin reserves being depleted over the same timeframe. According to USGS projections, this trend is expected to continue, and the supply deficit is expected to widen through 2030 and beyond.
Recent events have further impacted the global tin supply situation.
Indonesia, the second-largest tin-producing nation, has announced plans to limit or ban tin exports to create greater economic benefit within its borders by processing the metal in-country. The country’s Energy and Mining Minister, Arifin Tasrif stated, ‘What we are not allowing is exporting raw materials because these minerals are not renewable.’ The country only consumes 5% of the refined tin it produces and exports 95%. With China being the top importer of Indonesian tin bars, this would impact China’s ability to source enough tin that it needs as the largest solar panel and consumer electronics manufacturer in the world.
The third largest tin-producing nation, Myanmar, announced a mining ban to start in August 2023. Although previously thought to be uncertain, the Wa State recently released a comprehensive implementation plan for the suspension of all mining activities, demonstrating serious intent to proceed with the proposed ban. This will have devastating effects, further tightening the global tin supply. In 2022, Myanmar accounted for 77% of China’s tin ore imports with the Wa region accounting for 70% of Myanmar’s total tin production.
Minsur, the second-largest refined tin producer in the world, suspended its operations for the entirety of Q1 2023. Operations were suspended due to protests in Peru. Although the company has since resumed operations, it is likely they will continue to face disruptions for the remainder of the year.
The eight largest tin producer, EM Vinto in Bolivia, was also shut down all of Q1 2023 due to its inability to source enough coal from Peru to power its smelter. EM Vinto’s operations have resumed however, it is not out of the question that further disruptions occur due to the lack of a reliable coal supplier.
China’s Q1 2023 tin production declined. The country’s tin production was affected by lower concentrate grades and reduced tin imports from Myanmar. The country’s domestic mine feedstock grade also dropped lowering the total tin tonnes produced in the quarter. Guangxi China Tin, a major tin producer in the country was on care and maintenance for 2 months, further impacting China’s ability to contribute to the world’s global tin production.
The International Tin Association forecasts 3 scenarios based on the disruptions facing key tin-producing nations and companies; all show negative growth in global refined tin supply.
The most optimistic scenario sees a 4% decrease in refined tin supply, the neutral scenario would result in a 7% decrease in refined tin supply, and the most pessimistic scenario would lead to a 12% decrease in refined tin supply.
With so many factors inhibiting the growth in tin supply in the near and long term, the scarcity of the metal will be a catalyst for higher tin prices for the rest of the year and beyond.
The tin market is relatively small compared to other metals; any small disruption will have a large impact on the tin price.
A New Player in the Tin Space Exploring for New Sources of Tin
Tincorp Metals Inc. (OTCQX: TINFF, TSXV: TIN) is a company exploring for new sources of tin. It is a Canadian company exploring tin deposits in Bolivia and has secured agreements to acquire 100% interest in the SF and Porvenir tin projects located in the heart of the Bolivian Tin Belt in the Potosi Department, a world-renowned tin region.
Stay tuned for our next article to find out more about our two tin projects.
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2023.06.01 21:06 tincorpmetals The Global Tin Market Supports Positive Price Outlook (TIN.V / TINFF)
The Global Tin Market Supports Positive Price Outlook
A critical shortage in tin supply is setting the stage for a positive price outlook for the commodity with deficits expected to persist in the foreseeable future.
This situation has arisen due to several factors including the lack of new tin discoveries and global events that have hindered the ability of tin miners and refiners to bring new supply into the market.
Since 1985, only four new tin mines have been put into production, now there are only a handful of operating, economic, and sustainable projects. There has been a general lack of new tin mineral exploration that has left the tin supply in desperate need of new discoveries.
The leading tin-producing nations have exhausted their near-surface high-grade tin deposits. Their mines are getting deeper, grades are declining, and operations are becoming more expensive. As a result, the London and Shanghai Metals Exchanges are experiencing historically low levels of tin supply.
China, the world’s largest tin-producing country is also the leading consumer of tin. In 2022, China accounted for approximately 30% of the global tin supply and 47% of the global tin consumption. What is alarming is that China’s tin production has consistently declined over the past 15 years which has coincided with global tin reserves being depleted over the same timeframe. According to USGS projections, this trend is expected to continue, and the supply deficit is expected to widen through 2030 and beyond.
Recent events have further impacted the global tin supply situation.
Indonesia, the second-largest tin-producing nation, has announced plans to limit or ban tin exports to create greater economic benefit within its borders by processing the metal in-country. The country’s Energy and Mining Minister, Arifin Tasrif stated, ‘What we are not allowing is exporting raw materials because these minerals are not renewable.’ The country only consumes 5% of the refined tin it produces and exports 95%. With China being the top importer of Indonesian tin bars, this would impact China’s ability to source enough tin that it needs as the largest solar panel and consumer electronics manufacturer in the world.
The third largest tin-producing nation, Myanmar, announced a mining ban to start in August 2023. Although previously thought to be uncertain, the Wa State recently released a comprehensive implementation plan for the suspension of all mining activities, demonstrating serious intent to proceed with the proposed ban. This will have devastating effects, further tightening the global tin supply. In 2022, Myanmar accounted for 77% of China’s tin ore imports with the Wa region accounting for 70% of Myanmar’s total tin production.
Minsur, the second-largest refined tin producer in the world, suspended its operations for the entirety of Q1 2023. Operations were suspended due to protests in Peru. Although the company has since resumed operations, it is likely they will continue to face disruptions for the remainder of the year.
The eight largest tin producer, EM Vinto in Bolivia, was also shut down all of Q1 2023 due to its inability to source enough coal from Peru to power its smelter. EM Vinto’s operations have resumed however, it is not out of the question that further disruptions occur due to the lack of a reliable coal supplier.
China’s Q1 2023 tin production declined. The country’s tin production was affected by lower concentrate grades and reduced tin imports from Myanmar. The country’s domestic mine feedstock grade also dropped lowering the total tin tonnes produced in the quarter. Guangxi China Tin, a major tin producer in the country was on care and maintenance for 2 months, further impacting China’s ability to contribute to the world’s global tin production.
The International Tin Association forecasts 3 scenarios based on the disruptions facing key tin-producing nations and companies; all show negative growth in global refined tin supply.
The most optimistic scenario sees a 4% decrease in refined tin supply, the neutral scenario would result in a 7% decrease in refined tin supply, and the most pessimistic scenario would lead to a 12% decrease in refined tin supply.
With so many factors inhibiting the growth in tin supply in the near and long term, the scarcity of the metal will be a catalyst for higher tin prices for the rest of the year and beyond.
The tin market is relatively small compared to other metals; any small disruption will have a large impact on the tin price.
A New Player in the Tin Space Exploring for New Sources of Tin
Tincorp Metals Inc. (OTCQX: TINFF, TSXV: TIN) is a company exploring for new sources of tin. It is a Canadian company exploring tin deposits in Bolivia and has secured agreements to acquire 100% interest in the SF and Porvenir tin projects located in the heart of the Bolivian Tin Belt in the Potosi Department, a world-renowned tin region.
Stay tuned for our next article to find out more about our two tin projects
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2023.06.01 21:00 tincorpmetals The Global Tin Market Supports Positive Price Outlook (Tincorp Metals: TIN.V / TINFF)
The Global Tin Market Supports Positive Price Outlook
A critical shortage in tin supply is setting the stage for a positive price outlook for the commodity with deficits expected to persist in the foreseeable future.
This situation has arisen due to several factors including the lack of new tin discoveries and global events that have hindered the ability of tin miners and refiners to bring new supply into the market.
Since 1985, only four new tin mines have been put into production, now there are only a handful of operating, economic, and sustainable projects. There has been a general lack of new tin mineral exploration that has left the tin supply in desperate need of new discoveries.
The leading tin-producing nations have exhausted their near-surface high-grade tin deposits. Their mines are getting deeper, grades are declining, and operations are becoming more expensive. As a result, the London and Shanghai Metals Exchanges are experiencing historically low levels of tin supply.
China, the world’s largest tin-producing country is also the leading consumer of tin. In 2022, China accounted for approximately 30% of the global tin supply and 47% of the global tin consumption. What is alarming is that China’s tin production has consistently declined over the past 15 years which has coincided with global tin reserves being depleted over the same timeframe. According to USGS projections, this trend is expected to continue, and the supply deficit is expected to widen through 2030 and beyond.
Recent events have further impacted the global tin supply situation.
Indonesia, the second-largest tin-producing nation, has announced plans to limit or ban tin exports to create greater economic benefit within its borders by processing the metal in-country. The country’s Energy and Mining Minister, Arifin Tasrif stated, ‘What we are not allowing is exporting raw materials because these minerals are not renewable.’ The country only consumes 5% of the refined tin it produces and exports 95%. With China being the top importer of Indonesian tin bars, this would impact China’s ability to source enough tin that it needs as the largest solar panel and consumer electronics manufacturer in the world.
The third largest tin-producing nation, Myanmar, announced a mining ban to start in August 2023. Although previously thought to be uncertain, the Wa State recently released a comprehensive implementation plan for the suspension of all mining activities, demonstrating serious intent to proceed with the proposed ban. This will have devastating effects, further tightening the global tin supply. In 2022, Myanmar accounted for 77% of China’s tin ore imports with the Wa region accounting for 70% of Myanmar’s total tin production.
Minsur, the second-largest refined tin producer in the world, suspended its operations for the entirety of Q1 2023. Operations were suspended due to protests in Peru. Although the company has since resumed operations, it is likely they will continue to face disruptions for the remainder of the year.
The eight largest tin producer, EM Vinto in Bolivia, was also shut down all of Q1 2023 due to its inability to source enough coal from Peru to power its smelter. EM Vinto’s operations have resumed however, it is not out of the question that further disruptions occur due to the lack of a reliable coal supplier.
China’s Q1 2023 tin production declined. The country’s tin production was affected by lower concentrate grades and reduced tin imports from Myanmar. The country’s domestic mine feedstock grade also dropped lowering the total tin tonnes produced in the quarter. Guangxi China Tin, a major tin producer in the country was on care and maintenance for 2 months, further impacting China’s ability to contribute to the world’s global tin production.
The International Tin Association forecasts 3 scenarios based on the disruptions facing key tin-producing nations and companies; all show negative growth in global refined tin supply.
The most optimistic scenario sees a 4% decrease in refined tin supply, the neutral scenario would result in a 7% decrease in refined tin supply, and the most pessimistic scenario would lead to a 12% decrease in refined tin supply.
With so many factors inhibiting the growth in tin supply in the near and long term, the scarcity of the metal will be a catalyst for higher tin prices for the rest of the year and beyond.
The tin market is relatively small compared to other metals; any small disruption will have a large impact on the tin price.
A New Player in the Tin Space Exploring for New Sources of Tin
Tincorp Metals Inc. (OTCQX: TINFF, TSXV: TIN) is a company exploring for new sources of tin. It is a Canadian company exploring tin deposits in Bolivia and has secured agreements to acquire 100% interest in the SF and Porvenir tin projects located in the heart of the Bolivian Tin Belt in the Potosi Department, a world-renowned tin region.
Stay tuned for our next article to find out more about our two tin projects.
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2023.06.01 20:59 Top_Establishment_22 New Development HOA / General & Fence Advice Needed
State of MO 100 or so single family homes There are NO common areas, community pools, etc. And there won't be. HOA dues are only $150 per year. New construction, still in development period. No elected officials yet. We have not paid dues yet, the builder paid through 2024 and it was shown as a credit to us in closing docs.
Some of our neighbors are stating they haven't seen the docs and don't even know who is managing the HOA. They've put up fences, in ground pools, etc. without seeking approval or following the guidelines. There are different styles of fences, and some that were put 6+ feet inside the property line vs on property line.
We would like to put in a fence, so we went to the docs. CCR's state and picture a very specific type/style of wrought iron fencing. Put it on property lines, entirety of back yard, surveyed prior, submit for approval, yada yada.
The specific type/style they picture is going to cost approx $5-$6k more than a standard wrought iron fence (that some of our neighbors have).
The fence companies we've gotten bids from have suggested we submit the standard style since some of our neighbors have it already, and see if the HOA approves it. We would prefer the more cost effective/standard style that our neighbors have over the more expensive/fancy style that is pictured in CCR's anyway.
The form used to submit approvals has a blurb that I've copied below that's alarming to me. We want to protect our investment.. and this fence is going to be quite the investment. $30-35k depending on the style we end up getting.
https://preview.redd.it/uty4o8cr0g3b1.png?width=936&format=png&auto=webp&s=cf2fc925196fd229131055796a66f69a6491a766 Can they really give approval, and then go back on their approval and make you remove or replace to enforce CCR's? I have also considered just asking the ARC - but I don't want to draw attention or get our neighbors in trouble in the process either. I don't feel that it's our place to police the CCR's and what our neighbors do.
We aren't sure how to proceed here... is it normal for newer HOA's / neighborhoods to be this messy?
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2023.06.01 20:58 liftedlifter Spokane open Mat/Drop in
Hi Folks,
Does anybody in the Spokane, WA area know of gyms that have open mat/drop in opportunities? I’m here until Sunday morning and would love to get a session in if possible.
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2023.06.01 20:47 tincorpmetals The Global Tin Market Supports Positive Price Outlook
The Global Tin Market Supports Positive Price Outlook
A critical shortage in tin supply is setting the stage for a positive price outlook for the commodity with deficits expected to persist in the foreseeable future.
This situation has arisen due to several factors including the lack of new tin discoveries and global events that have hindered the ability of tin miners and refiners to bring new supply into the market.
Since 1985, only four new tin mines have been put into production, now there are only a handful of operating, economic, and sustainable projects. There has been a general lack of new tin mineral exploration that has left the tin supply in desperate need of new discoveries.
The leading tin-producing nations have exhausted their near-surface high-grade tin deposits. Their mines are getting deeper, grades are declining, and operations are becoming more expensive. As a result, the London and Shanghai Metals Exchanges are experiencing historically low levels of tin supply.
China, the world’s largest tin-producing country is also the leading consumer of tin. In 2022, China accounted for approximately 30% of the global tin supply and 47% of the global tin consumption. What is alarming is that China’s tin production has consistently declined over the past 15 years which has coincided with global tin reserves being depleted over the same timeframe. According to USGS projections, this trend is expected to continue, and the supply deficit is expected to widen through 2030 and beyond.
Recent events have further impacted the global tin supply situation.
Indonesia, the second-largest tin-producing nation, has announced plans to limit or ban tin exports to create greater economic benefit within its borders by processing the metal in-country. The country’s Energy and Mining Minister, Arifin Tasrif stated, ‘What we are not allowing is exporting raw materials because these minerals are not renewable.’ The country only consumes 5% of the refined tin it produces and exports 95%. With China being the top importer of Indonesian tin bars, this would impact China’s ability to source enough tin that it needs as the largest solar panel and consumer electronics manufacturer in the world.
The third largest tin-producing nation, Myanmar, announced a mining ban to start in August 2023. Although previously thought to be uncertain, the Wa State recently released a comprehensive implementation plan for the suspension of all mining activities, demonstrating serious intent to proceed with the proposed ban. This will have devastating effects, further tightening the global tin supply. In 2022, Myanmar accounted for 77% of China’s tin ore imports with the Wa region accounting for 70% of Myanmar’s total tin production.
Minsur, the second-largest refined tin producer in the world, suspended its operations for the entirety of Q1 2023. Operations were suspended due to protests in Peru. Although the company has since resumed operations, it is likely they will continue to face disruptions for the remainder of the year.
The eight largest tin producer, EM Vinto in Bolivia, was also shut down all of Q1 2023 due to its inability to source enough coal from Peru to power its smelter. EM Vinto’s operations have resumed however, it is not out of the question that further disruptions occur due to the lack of a reliable coal supplier.
China’s Q1 2023 tin production declined. The country’s tin production was affected by lower concentrate grades and reduced tin imports from Myanmar. The country’s domestic mine feedstock grade also dropped lowering the total tin tonnes produced in the quarter. Guangxi China Tin, a major tin producer in the country was on care and maintenance for 2 months, further impacting China’s ability to contribute to the world’s global tin production.
The International Tin Association forecasts 3 scenarios based on the disruptions facing key tin-producing nations and companies; all show negative growth in global refined tin supply.
The most optimistic scenario sees a 4% decrease in refined tin supply, the neutral scenario would result in a 7% decrease in refined tin supply, and the most pessimistic scenario would lead to a 12% decrease in refined tin supply.
With so many factors inhibiting the growth in tin supply in the near and long term, the scarcity of the metal will be a catalyst for higher tin prices for the rest of the year and beyond.
The tin market is relatively small compared to other metals; any small disruption will have a large impact on the tin price.
A New Player in the Tin Space Exploring for New Sources of Tin
Tincorp Metals Inc. (OTCQX: TINFF, TSXV: TIN) is a company exploring for new sources of tin. It is a Canadian company exploring tin deposits in Bolivia and has secured agreements to acquire 100% interest in the SF and Porvenir tin projects located in the heart of the Bolivian Tin Belt in the Potosi Department, a world-renowned tin region.
Stay tuned for our next article to find out more about our two tin projects.
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2023.06.01 20:43 tincorpmetals The Global Tin Market Supports Positive Price Outlook
The Global Tin Market Supports Positive Price Outlook
A critical shortage in tin supply is setting the stage for a positive price outlook for the commodity with deficits expected to persist in the foreseeable future.
This situation has arisen due to several factors including the lack of new tin discoveries and global events that have hindered the ability of tin miners and refiners to bring new supply into the market.
Since 1985, only four new tin mines have been put into production, now there are only a handful of operating, economic, and sustainable projects. There has been a general lack of new tin mineral exploration that has left the tin supply in desperate need of new discoveries.
The leading tin-producing nations have exhausted their near-surface high-grade tin deposits. Their mines are getting deeper, grades are declining, and operations are becoming more expensive. As a result, the London and Shanghai Metals Exchanges are experiencing historically low levels of tin supply.
China, the world’s largest tin-producing country is also the leading consumer of tin. In 2022, China accounted for approximately 30% of the global tin supply and 47% of the global tin consumption. What is alarming is that China’s tin production has consistently declined over the past 15 years which has coincided with global tin reserves being depleted over the same timeframe. According to USGS projections, this trend is expected to continue, and the supply deficit is expected to widen through 2030 and beyond.
Recent events have further impacted the global tin supply situation.
Indonesia, the second-largest tin-producing nation, has announced plans to limit or ban tin exports to create greater economic benefit within its borders by processing the metal in-country. The country’s Energy and Mining Minister, Arifin Tasrif stated, ‘What we are not allowing is exporting raw materials because these minerals are not renewable.’ The country only consumes 5% of the refined tin it produces and exports 95%. With China being the top importer of Indonesian tin bars, this would impact China’s ability to source enough tin that it needs as the largest solar panel and consumer electronics manufacturer in the world.
The third largest tin-producing nation, Myanmar, announced a mining ban to start in August 2023. Although previously thought to be uncertain, the Wa State recently released a comprehensive implementation plan for the suspension of all mining activities, demonstrating serious intent to proceed with the proposed ban. This will have devastating effects, further tightening the global tin supply. In 2022, Myanmar accounted for 77% of China’s tin ore imports with the Wa region accounting for 70% of Myanmar’s total tin production.
Minsur, the second-largest refined tin producer in the world, suspended its operations for the entirety of Q1 2023. Operations were suspended due to protests in Peru. Although the company has since resumed operations, it is likely they will continue to face disruptions for the remainder of the year.
The eight largest tin producer, EM Vinto in Bolivia, was also shut down all of Q1 2023 due to its inability to source enough coal from Peru to power its smelter. EM Vinto’s operations have resumed however, it is not out of the question that further disruptions occur due to the lack of a reliable coal supplier.
China’s Q1 2023 tin production declined. The country’s tin production was affected by lower concentrate grades and reduced tin imports from Myanmar. The country’s domestic mine feedstock grade also dropped lowering the total tin tonnes produced in the quarter. Guangxi China Tin, a major tin producer in the country was on care and maintenance for 2 months, further impacting China’s ability to contribute to the world’s global tin production.
The International Tin Association forecasts 3 scenarios based on the disruptions facing key tin-producing nations and companies; all show negative growth in global refined tin supply.
The most optimistic scenario sees a 4% decrease in refined tin supply, the neutral scenario would result in a 7% decrease in refined tin supply, and the most pessimistic scenario would lead to a 12% decrease in refined tin supply.
With so many factors inhibiting the growth in tin supply in the near and long term, the scarcity of the metal will be a catalyst for higher tin prices for the rest of the year and beyond.
The tin market is relatively small compared to other metals; any small disruption will have a large impact on the tin price.
A New Player in the Tin Space Exploring for New Sources of Tin
Tincorp Metals Inc. (OTCQX: TINFF, TSXV: TIN) is a company exploring for new sources of tin. It is a Canadian company exploring tin deposits in Bolivia and has secured agreements to acquire 100% interest in the SF and Porvenir tin projects located in the heart of the Bolivian Tin Belt in the Potosi Department, a world-renowned tin region.
Stay tuned for our next article to find out more about our two tin projects.
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2023.06.01 20:42 tincorpmetals The Global Tin Market Supports Positive Price Outlook
The Global Tin Market Supports Positive Price Outlook
A critical shortage in tin supply is setting the stage for a positive price outlook for the commodity with deficits expected to persist in the foreseeable future.
This situation has arisen due to several factors including the lack of new tin discoveries and global events that have hindered the ability of tin miners and refiners to bring new supply into the market.
Since 1985, only four new tin mines have been put into production, now there are only a handful of operating, economic, and sustainable projects. There has been a general lack of new tin mineral exploration that has left the tin supply in desperate need of new discoveries.
The leading tin-producing nations have exhausted their near-surface high-grade tin deposits. Their mines are getting deeper, grades are declining, and operations are becoming more expensive. As a result, the London and Shanghai Metals Exchanges are experiencing historically low levels of tin supply.
China, the world’s largest tin-producing country is also the leading consumer of tin. In 2022, China accounted for approximately 30% of the global tin supply and 47% of the global tin consumption. What is alarming is that China’s tin production has consistently declined over the past 15 years which has coincided with global tin reserves being depleted over the same timeframe. According to USGS projections, this trend is expected to continue, and the supply deficit is expected to widen through 2030 and beyond.
Recent events have further impacted the global tin supply situation.
Indonesia, the second-largest tin-producing nation, has announced plans to limit or ban tin exports to create greater economic benefit within its borders by processing the metal in-country. The country’s Energy and Mining Minister, Arifin Tasrif stated, ‘What we are not allowing is exporting raw materials because these minerals are not renewable.’ The country only consumes 5% of the refined tin it produces and exports 95%. With China being the top importer of Indonesian tin bars, this would impact China’s ability to source enough tin that it needs as the largest solar panel and consumer electronics manufacturer in the world.
The third largest tin-producing nation, Myanmar, announced a mining ban to start in August 2023. Although previously thought to be uncertain, the Wa State recently released a comprehensive implementation plan for the suspension of all mining activities, demonstrating serious intent to proceed with the proposed ban. This will have devastating effects, further tightening the global tin supply. In 2022, Myanmar accounted for 77% of China’s tin ore imports with the Wa region accounting for 70% of Myanmar’s total tin production.
Minsur, the second-largest refined tin producer in the world, suspended its operations for the entirety of Q1 2023. Operations were suspended due to protests in Peru. Although the company has since resumed operations, it is likely they will continue to face disruptions for the remainder of the year.
The eight largest tin producer, EM Vinto in Bolivia, was also shut down all of Q1 2023 due to its inability to source enough coal from Peru to power its smelter. EM Vinto’s operations have resumed however, it is not out of the question that further disruptions occur due to the lack of a reliable coal supplier.
China’s Q1 2023 tin production declined. The country’s tin production was affected by lower concentrate grades and reduced tin imports from Myanmar. The country’s domestic mine feedstock grade also dropped lowering the total tin tonnes produced in the quarter. Guangxi China Tin, a major tin producer in the country was on care and maintenance for 2 months, further impacting China’s ability to contribute to the world’s global tin production.
The International Tin Association forecasts 3 scenarios based on the disruptions facing key tin-producing nations and companies; all show negative growth in global refined tin supply.
The most optimistic scenario sees a 4% decrease in refined tin supply, the neutral scenario would result in a 7% decrease in refined tin supply, and the most pessimistic scenario would lead to a 12% decrease in refined tin supply.
With so many factors inhibiting the growth in tin supply in the near and long term, the scarcity of the metal will be a catalyst for higher tin prices for the rest of the year and beyond.
The tin market is relatively small compared to other metals; any small disruption will have a large impact on the tin price.
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2023.06.01 20:40 tincorpmetals The Global Tin Market Supports Positive Price Outlook (Tincorp Metals: TIN.V / TINFF)
The Global Tin Market Supports Positive Price Outlook
A critical shortage in tin supply is setting the stage for a positive price outlook for the commodity with deficits expected to persist in the foreseeable future.
This situation has arisen due to several factors including the lack of new tin discoveries and global events that have hindered the ability of tin miners and refiners to bring new supply into the market.
Since 1985, only four new tin mines have been put into production, now there are only a handful of operating, economic, and sustainable projects. There has been a general lack of new tin mineral exploration that has left the tin supply in desperate need of new discoveries.
The leading tin-producing nations have exhausted their near-surface high-grade tin deposits. Their mines are getting deeper, grades are declining, and operations are becoming more expensive. As a result, the London and Shanghai Metals Exchanges are experiencing historically low levels of tin supply.
China, the world’s largest tin-producing country is also the leading consumer of tin. In 2022, China accounted for approximately 30% of the global tin supply and 47% of the global tin consumption. What is alarming is that China’s tin production has consistently declined over the past 15 years which has coincided with global tin reserves being depleted over the same timeframe. According to USGS projections, this trend is expected to continue, and the supply deficit is expected to widen through 2030 and beyond.
Recent events have further impacted the global tin supply situation.
Indonesia, the second-largest tin-producing nation, has announced plans to limit or ban tin exports to create greater economic benefit within its borders by processing the metal in-country. The country’s Energy and Mining Minister, Arifin Tasrif stated, ‘What we are not allowing is exporting raw materials because these minerals are not renewable.’ The country only consumes 5% of the refined tin it produces and exports 95%. With China being the top importer of Indonesian tin bars, this would impact China’s ability to source enough tin that it needs as the largest solar panel and consumer electronics manufacturer in the world.
The third largest tin-producing nation, Myanmar, announced a mining ban to start in August 2023. Although previously thought to be uncertain, the Wa State recently released a comprehensive implementation plan for the suspension of all mining activities, demonstrating serious intent to proceed with the proposed ban. This will have devastating effects, further tightening the global tin supply. In 2022, Myanmar accounted for 77% of China’s tin ore imports with the Wa region accounting for 70% of Myanmar’s total tin production.
Minsur, the second-largest refined tin producer in the world, suspended its operations for the entirety of Q1 2023. Operations were suspended due to protests in Peru. Although the company has since resumed operations, it is likely they will continue to face disruptions for the remainder of the year.
The eight largest tin producer, EM Vinto in Bolivia, was also shut down all of Q1 2023 due to its inability to source enough coal from Peru to power its smelter. EM Vinto’s operations have resumed however, it is not out of the question that further disruptions occur due to the lack of a reliable coal supplier.
China’s Q1 2023 tin production declined. The country’s tin production was affected by lower concentrate grades and reduced tin imports from Myanmar. The country’s domestic mine feedstock grade also dropped lowering the total tin tonnes produced in the quarter. Guangxi China Tin, a major tin producer in the country was on care and maintenance for 2 months, further impacting China’s ability to contribute to the world’s global tin production.
The International Tin Association forecasts 3 scenarios based on the disruptions facing key tin-producing nations and companies; all show negative growth in global refined tin supply.
The most optimistic scenario sees a 4% decrease in refined tin supply, the neutral scenario would result in a 7% decrease in refined tin supply, and the most pessimistic scenario would lead to a 12% decrease in refined tin supply.
With so many factors inhibiting the growth in tin supply in the near and long term, the scarcity of the metal will be a catalyst for higher tin prices for the rest of the year and beyond.
The tin market is relatively small compared to other metals; any small disruption will have a large impact on the tin price.
A New Player in the Tin Space Exploring for New Sources of Tin
Tincorp Metals Inc. (OTCQX: TINFF, TSXV: TIN) is a company exploring for new sources of tin. It is a Canadian company exploring tin deposits in Bolivia and has secured agreements to acquire 100% interest in the SF and Porvenir tin projects located in the heart of the Bolivian Tin Belt in the Potosi Department, a world-renowned tin region.
Stay tuned for our next article to find out more about our two tin projects.
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2023.06.01 20:40 tincorpmetals The Global Tin Market Supports Positive Price Outlook (Tincorp Metals: TIN.V / TINFF)
The Global Tin Market Supports Positive Price Outlook
A critical shortage in tin supply is setting the stage for a positive price outlook for the commodity with deficits expected to persist in the foreseeable future.
This situation has arisen due to several factors including the lack of new tin discoveries and global events that have hindered the ability of tin miners and refiners to bring new supply into the market.
Since 1985, only four new tin mines have been put into production, now there are only a handful of operating, economic, and sustainable projects. There has been a general lack of new tin mineral exploration that has left the tin supply in desperate need of new discoveries.
The leading tin-producing nations have exhausted their near-surface high-grade tin deposits. Their mines are getting deeper, grades are declining, and operations are becoming more expensive. As a result, the London and Shanghai Metals Exchanges are experiencing historically low levels of tin supply.
China, the world’s largest tin-producing country is also the leading consumer of tin. In 2022, China accounted for approximately 30% of the global tin supply and 47% of the global tin consumption. What is alarming is that China’s tin production has consistently declined over the past 15 years which has coincided with global tin reserves being depleted over the same timeframe. According to USGS projections, this trend is expected to continue, and the supply deficit is expected to widen through 2030 and beyond.
Recent events have further impacted the global tin supply situation.
Indonesia, the second-largest tin-producing nation, has announced plans to limit or ban tin exports to create greater economic benefit within its borders by processing the metal in-country. The country’s Energy and Mining Minister, Arifin Tasrif stated, ‘What we are not allowing is exporting raw materials because these minerals are not renewable.’ The country only consumes 5% of the refined tin it produces and exports 95%. With China being the top importer of Indonesian tin bars, this would impact China’s ability to source enough tin that it needs as the largest solar panel and consumer electronics manufacturer in the world.
The third largest tin-producing nation, Myanmar, announced a mining ban to start in August 2023. Although previously thought to be uncertain, the Wa State recently released a comprehensive implementation plan for the suspension of all mining activities, demonstrating serious intent to proceed with the proposed ban. This will have devastating effects, further tightening the global tin supply. In 2022, Myanmar accounted for 77% of China’s tin ore imports with the Wa region accounting for 70% of Myanmar’s total tin production.
Minsur, the second-largest refined tin producer in the world, suspended its operations for the entirety of Q1 2023. Operations were suspended due to protests in Peru. Although the company has since resumed operations, it is likely they will continue to face disruptions for the remainder of the year.
The eight largest tin producer, EM Vinto in Bolivia, was also shut down all of Q1 2023 due to its inability to source enough coal from Peru to power its smelter. EM Vinto’s operations have resumed however, it is not out of the question that further disruptions occur due to the lack of a reliable coal supplier.
China’s Q1 2023 tin production declined. The country’s tin production was affected by lower concentrate grades and reduced tin imports from Myanmar. The country’s domestic mine feedstock grade also dropped lowering the total tin tonnes produced in the quarter. Guangxi China Tin, a major tin producer in the country was on care and maintenance for 2 months, further impacting China’s ability to contribute to the world’s global tin production.
The International Tin Association forecasts 3 scenarios based on the disruptions facing key tin-producing nations and companies; all show negative growth in global refined tin supply.
The most optimistic scenario sees a 4% decrease in refined tin supply, the neutral scenario would result in a 7% decrease in refined tin supply, and the most pessimistic scenario would lead to a 12% decrease in refined tin supply.
With so many factors inhibiting the growth in tin supply in the near and long term, the scarcity of the metal will be a catalyst for higher tin prices for the rest of the year and beyond.
The tin market is relatively small compared to other metals; any small disruption will have a large impact on the tin price.
A New Player in the Tin Space Exploring for New Sources of Tin
Tincorp Metals Inc. (OTCQX: TINFF, TSXV: TIN) is a company exploring for new sources of tin. It is a Canadian company exploring tin deposits in Bolivia and has secured agreements to acquire 100% interest in the SF and Porvenir tin projects located in the heart of the Bolivian Tin Belt in the Potosi Department, a world-renowned tin region.
Stay tuned for our next article to find out more about our two tin projects.
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2023.06.01 20:39 tincorpmetals The Global Tin Market Supports Positive Price Outlook (Tincorp Metals Inc.: TIN.V / TINFF)
The Global Tin Market Supports Positive Price Outlook
A critical shortage in tin supply is setting the stage for a positive price outlook for the commodity with deficits expected to persist in the foreseeable future.
This situation has arisen due to several factors including the lack of new tin discoveries and global events that have hindered the ability of tin miners and refiners to bring new supply into the market.
Since 1985, only four new tin mines have been put into production, now there are only a handful of operating, economic, and sustainable projects. There has been a general lack of new tin mineral exploration that has left the tin supply in desperate need of new discoveries.
The leading tin-producing nations have exhausted their near-surface high-grade tin deposits. Their mines are getting deeper, grades are declining, and operations are becoming more expensive. As a result, the London and Shanghai Metals Exchanges are experiencing historically low levels of tin supply.
China, the world’s largest tin-producing country is also the leading consumer of tin. In 2022, China accounted for approximately 30% of the global tin supply and 47% of the global tin consumption. What is alarming is that China’s tin production has consistently declined over the past 15 years which has coincided with global tin reserves being depleted over the same timeframe. According to USGS projections, this trend is expected to continue, and the supply deficit is expected to widen through 2030 and beyond.
Recent events have further impacted the global tin supply situation.
Indonesia, the second-largest tin-producing nation, has announced plans to limit or ban tin exports to create greater economic benefit within its borders by processing the metal in-country. The country’s Energy and Mining Minister, Arifin Tasrif stated, ‘What we are not allowing is exporting raw materials because these minerals are not renewable.’ The country only consumes 5% of the refined tin it produces and exports 95%. With China being the top importer of Indonesian tin bars, this would impact China’s ability to source enough tin that it needs as the largest solar panel and consumer electronics manufacturer in the world.
The third largest tin-producing nation, Myanmar, announced a mining ban to start in August 2023. Although previously thought to be uncertain, the Wa State recently released a comprehensive implementation plan for the suspension of all mining activities, demonstrating serious intent to proceed with the proposed ban. This will have devastating effects, further tightening the global tin supply. In 2022, Myanmar accounted for 77% of China’s tin ore imports with the Wa region accounting for 70% of Myanmar’s total tin production.
Minsur, the second-largest refined tin producer in the world, suspended its operations for the entirety of Q1 2023. Operations were suspended due to protests in Peru. Although the company has since resumed operations, it is likely they will continue to face disruptions for the remainder of the year.
The eight largest tin producer, EM Vinto in Bolivia, was also shut down all of Q1 2023 due to its inability to source enough coal from Peru to power its smelter. EM Vinto’s operations have resumed however, it is not out of the question that further disruptions occur due to the lack of a reliable coal supplier.
China’s Q1 2023 tin production declined. The country’s tin production was affected by lower concentrate grades and reduced tin imports from Myanmar. The country’s domestic mine feedstock grade also dropped lowering the total tin tonnes produced in the quarter. Guangxi China Tin, a major tin producer in the country was on care and maintenance for 2 months, further impacting China’s ability to contribute to the world’s global tin production.
The International Tin Association forecasts 3 scenarios based on the disruptions facing key tin-producing nations and companies; all show negative growth in global refined tin supply.
The most optimistic scenario sees a 4% decrease in refined tin supply, the neutral scenario would result in a 7% decrease in refined tin supply, and the most pessimistic scenario would lead to a 12% decrease in refined tin supply.
With so many factors inhibiting the growth in tin supply in the near and long term, the scarcity of the metal will be a catalyst for higher tin prices for the rest of the year and beyond.
The tin market is relatively small compared to other metals; any small disruption will have a large impact on the tin price.
A New Player in the Tin Space Exploring for New Sources of Tin
Tincorp Metals Inc. (OTCQX: TINFF, TSXV: TIN) is a company exploring for new sources of tin. It is a Canadian company exploring tin deposits in Bolivia and has secured agreements to acquire 100% interest in the SF and Porvenir tin projects located in the heart of the Bolivian Tin Belt in the Potosi Department, a world-renowned tin region.
Stay tuned for our next article to find out more about our two tin projects.
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2023.06.01 20:38 tincorpmetals The Global Tin Market Supports Positive Price Outlook (TIN.V / TINFF)
The Global Tin Market Supports Positive Price Outlook
A critical shortage in tin supply is setting the stage for a positive price outlook for the commodity with deficits expected to persist in the foreseeable future.
This situation has arisen due to several factors including the lack of new tin discoveries and global events that have hindered the ability of tin miners and refiners to bring new supply into the market.
Since 1985, only four new tin mines have been put into production, now there are only a handful of operating, economic, and sustainable projects. There has been a general lack of new tin mineral exploration that has left the tin supply in desperate need of new discoveries.
The leading tin-producing nations have exhausted their near-surface high-grade tin deposits. Their mines are getting deeper, grades are declining, and operations are becoming more expensive. As a result, the London and Shanghai Metals Exchanges are experiencing historically low levels of tin supply.
China, the world’s largest tin-producing country is also the leading consumer of tin. In 2022, China accounted for approximately 30% of the global tin supply and 47% of the global tin consumption. What is alarming is that China’s tin production has consistently declined over the past 15 years which has coincided with global tin reserves being depleted over the same timeframe. According to USGS projections, this trend is expected to continue, and the supply deficit is expected to widen through 2030 and beyond.
Recent events have further impacted the global tin supply situation.
Indonesia, the second-largest tin-producing nation, has announced plans to limit or ban tin exports to create greater economic benefit within its borders by processing the metal in-country. The country’s Energy and Mining Minister, Arifin Tasrif stated, ‘What we are not allowing is exporting raw materials because these minerals are not renewable.’ The country only consumes 5% of the refined tin it produces and exports 95%. With China being the top importer of Indonesian tin bars, this would impact China’s ability to source enough tin that it needs as the largest solar panel and consumer electronics manufacturer in the world.
The third largest tin-producing nation, Myanmar, announced a mining ban to start in August 2023. Although previously thought to be uncertain, the Wa State recently released a comprehensive implementation plan for the suspension of all mining activities, demonstrating serious intent to proceed with the proposed ban. This will have devastating effects, further tightening the global tin supply. In 2022, Myanmar accounted for 77% of China’s tin ore imports with the Wa region accounting for 70% of Myanmar’s total tin production.
Minsur, the second-largest refined tin producer in the world, suspended its operations for the entirety of Q1 2023. Operations were suspended due to protests in Peru. Although the company has since resumed operations, it is likely they will continue to face disruptions for the remainder of the year.
The eight largest tin producer, EM Vinto in Bolivia, was also shut down all of Q1 2023 due to its inability to source enough coal from Peru to power its smelter. EM Vinto’s operations have resumed however, it is not out of the question that further disruptions occur due to the lack of a reliable coal supplier.
China’s Q1 2023 tin production declined. The country’s tin production was affected by lower concentrate grades and reduced tin imports from Myanmar. The country’s domestic mine feedstock grade also dropped lowering the total tin tonnes produced in the quarter. Guangxi China Tin, a major tin producer in the country was on care and maintenance for 2 months, further impacting China’s ability to contribute to the world’s global tin production.
The International Tin Association forecasts 3 scenarios based on the disruptions facing key tin-producing nations and companies; all show negative growth in global refined tin supply.
The most optimistic scenario sees a 4% decrease in refined tin supply, the neutral scenario would result in a 7% decrease in refined tin supply, and the most pessimistic scenario would lead to a 12% decrease in refined tin supply.
With so many factors inhibiting the growth in tin supply in the near and long term, the scarcity of the metal will be a catalyst for higher tin prices for the rest of the year and beyond.
The tin market is relatively small compared to other metals; any small disruption will have a large impact on the tin price.
A New Player in the Tin Space Exploring for New Sources of Tin
Tincorp Metals Inc. (OTCQX: TINFF, TSXV: TIN) is a company exploring for new sources of tin. It is a Canadian company exploring tin deposits in Bolivia and has secured agreements to acquire 100% interest in the SF and Porvenir tin projects located in the heart of the Bolivian Tin Belt in the Potosi Department, a world-renowned tin region.
Stay tuned for our next article to find out more about our two tin projects.
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2023.06.01 20:36 tincorpmetals The Global Tin Market Supports Positive Price Outlook
The Global Tin Market Supports Positive Price Outlook
A critical shortage in tin supply is setting the stage for a positive price outlook for the commodity with deficits expected to persist in the foreseeable future.
This situation has arisen due to several factors including the lack of new tin discoveries and global events that have hindered the ability of tin miners and refiners to bring new supply into the market.
Since 1985, only four new tin mines have been put into production, now there are only a handful of operating, economic, and sustainable projects. There has been a general lack of new tin mineral exploration that has left the tin supply in desperate need of new discoveries.
The leading tin-producing nations have exhausted their near-surface high-grade tin deposits. Their mines are getting deeper, grades are declining, and operations are becoming more expensive. As a result, the London and Shanghai Metals Exchanges are experiencing historically low levels of tin supply.
China, the world’s largest tin-producing country is also the leading consumer of tin. In 2022, China accounted for approximately 30% of the global tin supply and 47% of the global tin consumption. What is alarming is that China’s tin production has consistently declined over the past 15 years which has coincided with global tin reserves being depleted over the same timeframe. According to USGS projections, this trend is expected to continue, and the supply deficit is expected to widen through 2030 and beyond.
Recent events have further impacted the global tin supply situation.
Indonesia, the second-largest tin-producing nation, has announced plans to limit or ban tin exports to create greater economic benefit within its borders by processing the metal in-country. The country’s Energy and Mining Minister, Arifin Tasrif stated, ‘What we are not allowing is exporting raw materials because these minerals are not renewable.’ The country only consumes 5% of the refined tin it produces and exports 95%. With China being the top importer of Indonesian tin bars, this would impact China’s ability to source enough tin that it needs as the largest solar panel and consumer electronics manufacturer in the world.
The third largest tin-producing nation, Myanmar, announced a mining ban to start in August 2023. Although previously thought to be uncertain, the Wa State recently released a comprehensive implementation plan for the suspension of all mining activities, demonstrating serious intent to proceed with the proposed ban. This will have devastating effects, further tightening the global tin supply. In 2022, Myanmar accounted for 77% of China’s tin ore imports with the Wa region accounting for 70% of Myanmar’s total tin production.
Minsur, the second-largest refined tin producer in the world, suspended its operations for the entirety of Q1 2023. Operations were suspended due to protests in Peru. Although the company has since resumed operations, it is likely they will continue to face disruptions for the remainder of the year.
The eight largest tin producer, EM Vinto in Bolivia, was also shut down all of Q1 2023 due to its inability to source enough coal from Peru to power its smelter. EM Vinto’s operations have resumed however, it is not out of the question that further disruptions occur due to the lack of a reliable coal supplier.
China’s Q1 2023 tin production declined. The country’s tin production was affected by lower concentrate grades and reduced tin imports from Myanmar. The country’s domestic mine feedstock grade also dropped lowering the total tin tonnes produced in the quarter. Guangxi China Tin, a major tin producer in the country was on care and maintenance for 2 months, further impacting China’s ability to contribute to the world’s global tin production.
The International Tin Association forecasts 3 scenarios based on the disruptions facing key tin-producing nations and companies; all show negative growth in global refined tin supply.
The most optimistic scenario sees a 4% decrease in refined tin supply, the neutral scenario would result in a 7% decrease in refined tin supply, and the most pessimistic scenario would lead to a 12% decrease in refined tin supply.
With so many factors inhibiting the growth in tin supply in the near and long term, the scarcity of the metal will be a catalyst for higher tin prices for the rest of the year and beyond.
The tin market is relatively small compared to other metals; any small disruption will have a large impact on the tin price.
A New Player in the Tin Space Exploring for New Sources of Tin
Tincorp Metals Inc. (OTCQX: TINFF, TSXV: TIN) is a company exploring for new sources of tin. It is a Canadian company exploring tin deposits in Bolivia and has secured agreements to acquire 100% interest in the SF and Porvenir tin projects located in the heart of the Bolivian Tin Belt in the Potosi Department, a world-renowned tin region.
Stay tuned for our next article to find out more about our two tin projects.
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2023.06.01 20:36 tincorpmetals The Global Tin Market Supports Positive Price Outlook (TIN.V / TINFF)
The Global Tin Market Supports Positive Price Outlook
A critical shortage in tin supply is setting the stage for a positive price outlook for the commodity with deficits expected to persist in the foreseeable future.
This situation has arisen due to several factors including the lack of new tin discoveries and global events that have hindered the ability of tin miners and refiners to bring new supply into the market.
Since 1985, only four new tin mines have been put into production, now there are only a handful of operating, economic, and sustainable projects. There has been a general lack of new tin mineral exploration that has left the tin supply in desperate need of new discoveries.
The leading tin-producing nations have exhausted their near-surface high-grade tin deposits. Their mines are getting deeper, grades are declining, and operations are becoming more expensive. As a result, the London and Shanghai Metals Exchanges are experiencing historically low levels of tin supply.
China, the world’s largest tin-producing country is also the leading consumer of tin. In 2022, China accounted for approximately 30% of the global tin supply and 47% of the global tin consumption. What is alarming is that China’s tin production has consistently declined over the past 15 years which has coincided with global tin reserves being depleted over the same timeframe. According to USGS projections, this trend is expected to continue, and the supply deficit is expected to widen through 2030 and beyond.
Recent events have further impacted the global tin supply situation.
Indonesia, the second-largest tin-producing nation, has announced plans to limit or ban tin exports to create greater economic benefit within its borders by processing the metal in-country. The country’s Energy and Mining Minister, Arifin Tasrif stated, ‘What we are not allowing is exporting raw materials because these minerals are not renewable.’ The country only consumes 5% of the refined tin it produces and exports 95%. With China being the top importer of Indonesian tin bars, this would impact China’s ability to source enough tin that it needs as the largest solar panel and consumer electronics manufacturer in the world.
The third largest tin-producing nation, Myanmar, announced a mining ban to start in August 2023. Although previously thought to be uncertain, the Wa State recently released a comprehensive implementation plan for the suspension of all mining activities, demonstrating serious intent to proceed with the proposed ban. This will have devastating effects, further tightening the global tin supply. In 2022, Myanmar accounted for 77% of China’s tin ore imports with the Wa region accounting for 70% of Myanmar’s total tin production.
Minsur, the second-largest refined tin producer in the world, suspended its operations for the entirety of Q1 2023. Operations were suspended due to protests in Peru. Although the company has since resumed operations, it is likely they will continue to face disruptions for the remainder of the year.
The eight largest tin producer, EM Vinto in Bolivia, was also shut down all of Q1 2023 due to its inability to source enough coal from Peru to power its smelter. EM Vinto’s operations have resumed however, it is not out of the question that further disruptions occur due to the lack of a reliable coal supplier.
China’s Q1 2023 tin production declined. The country’s tin production was affected by lower concentrate grades and reduced tin imports from Myanmar. The country’s domestic mine feedstock grade also dropped lowering the total tin tonnes produced in the quarter. Guangxi China Tin, a major tin producer in the country was on care and maintenance for 2 months, further impacting China’s ability to contribute to the world’s global tin production.
The International Tin Association forecasts 3 scenarios based on the disruptions facing key tin-producing nations and companies; all show negative growth in global refined tin supply.
The most optimistic scenario sees a 4% decrease in refined tin supply, the neutral scenario would result in a 7% decrease in refined tin supply, and the most pessimistic scenario would lead to a 12% decrease in refined tin supply.
With so many factors inhibiting the growth in tin supply in the near and long term, the scarcity of the metal will be a catalyst for higher tin prices for the rest of the year and beyond.
The tin market is relatively small compared to other metals; any small disruption will have a large impact on the tin price.
A New Player in the Tin Space Exploring for New Sources of Tin
Tincorp Metals Inc. (OTCQX: TINFF, TSXV: TIN) is a company exploring for new sources of tin. It is a Canadian company exploring tin deposits in Bolivia and has secured agreements to acquire 100% interest in the SF and Porvenir tin projects located in the heart of the Bolivian Tin Belt in the Potosi Department, a world-renowned tin region.
Stay tuned for our next article to find out more about our two tin projects.
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2023.06.01 20:35 tincorpmetals The Global Tin Market Supports Positive Price Outlook (TIN.V / TINFF)
The Global Tin Market Supports Positive Price Outlook
A critical shortage in tin supply is setting the stage for a positive price outlook for the commodity with deficits expected to persist in the foreseeable future.
This situation has arisen due to several factors including the lack of new tin discoveries and global events that have hindered the ability of tin miners and refiners to bring new supply into the market.
Since 1985, only four new tin mines have been put into production, now there are only a handful of operating, economic, and sustainable projects. There has been a general lack of new tin mineral exploration that has left the tin supply in desperate need of new discoveries.
The leading tin-producing nations have exhausted their near-surface high-grade tin deposits. Their mines are getting deeper, grades are declining, and operations are becoming more expensive. As a result, the London and Shanghai Metals Exchanges are experiencing historically low levels of tin supply.
China, the world’s largest tin-producing country is also the leading consumer of tin. In 2022, China accounted for approximately 30% of the global tin supply and 47% of the global tin consumption. What is alarming is that China’s tin production has consistently declined over the past 15 years which has coincided with global tin reserves being depleted over the same timeframe. According to USGS projections, this trend is expected to continue, and the supply deficit is expected to widen through 2030 and beyond.
Recent events have further impacted the global tin supply situation.
Indonesia, the second-largest tin-producing nation, has announced plans to limit or ban tin exports to create greater economic benefit within its borders by processing the metal in-country. The country’s Energy and Mining Minister, Arifin Tasrif stated, ‘What we are not allowing is exporting raw materials because these minerals are not renewable.’ The country only consumes 5% of the refined tin it produces and exports 95%. With China being the top importer of Indonesian tin bars, this would impact China’s ability to source enough tin that it needs as the largest solar panel and consumer electronics manufacturer in the world.
The third largest tin-producing nation, Myanmar, announced a mining ban to start in August 2023. Although previously thought to be uncertain, the Wa State recently released a comprehensive implementation plan for the suspension of all mining activities, demonstrating serious intent to proceed with the proposed ban. This will have devastating effects, further tightening the global tin supply. In 2022, Myanmar accounted for 77% of China’s tin ore imports with the Wa region accounting for 70% of Myanmar’s total tin production.
Minsur, the second-largest refined tin producer in the world, suspended its operations for the entirety of Q1 2023. Operations were suspended due to protests in Peru. Although the company has since resumed operations, it is likely they will continue to face disruptions for the remainder of the year.
The eight largest tin producer, EM Vinto in Bolivia, was also shut down all of Q1 2023 due to its inability to source enough coal from Peru to power its smelter. EM Vinto’s operations have resumed however, it is not out of the question that further disruptions occur due to the lack of a reliable coal supplier.
China’s Q1 2023 tin production declined. The country’s tin production was affected by lower concentrate grades and reduced tin imports from Myanmar. The country’s domestic mine feedstock grade also dropped lowering the total tin tonnes produced in the quarter. Guangxi China Tin, a major tin producer in the country was on care and maintenance for 2 months, further impacting China’s ability to contribute to the world’s global tin production.
The International Tin Association forecasts 3 scenarios based on the disruptions facing key tin-producing nations and companies; all show negative growth in global refined tin supply.
The most optimistic scenario sees a 4% decrease in refined tin supply, the neutral scenario would result in a 7% decrease in refined tin supply, and the most pessimistic scenario would lead to a 12% decrease in refined tin supply.
With so many factors inhibiting the growth in tin supply in the near and long term, the scarcity of the metal will be a catalyst for higher tin prices for the rest of the year and beyond.
The tin market is relatively small compared to other metals; any small disruption will have a large impact on the tin price.
A New Player in the Tin Space Exploring for New Sources of Tin
Tincorp Metals Inc. (OTCQX: TINFF, TSXV: TIN) is a company exploring for new sources of tin. It is a Canadian company exploring tin deposits in Bolivia and has secured agreements to acquire 100% interest in the SF and Porvenir tin projects located in the heart of the Bolivian Tin Belt in the Potosi Department, a world-renowned tin region.
Stay tuned for our next article to find out more about our two tin projects.
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2023.06.01 20:35 tincorpmetals The Global Tin Market Supports Positive Price Outlook (TIN.V / TINFF)
The Global Tin Market Supports Positive Price Outlook
A critical shortage in tin supply is setting the stage for a positive price outlook for the commodity with deficits expected to persist in the foreseeable future.
This situation has arisen due to several factors including the lack of new tin discoveries and global events that have hindered the ability of tin miners and refiners to bring new supply into the market.
Since 1985, only four new tin mines have been put into production, now there are only a handful of operating, economic, and sustainable projects. There has been a general lack of new tin mineral exploration that has left the tin supply in desperate need of new discoveries.
The leading tin-producing nations have exhausted their near-surface high-grade tin deposits. Their mines are getting deeper, grades are declining, and operations are becoming more expensive. As a result, the London and Shanghai Metals Exchanges are experiencing historically low levels of tin supply.
China, the world’s largest tin-producing country is also the leading consumer of tin. In 2022, China accounted for approximately 30% of the global tin supply and 47% of the global tin consumption. What is alarming is that China’s tin production has consistently declined over the past 15 years which has coincided with global tin reserves being depleted over the same timeframe. According to USGS projections, this trend is expected to continue, and the supply deficit is expected to widen through 2030 and beyond.
Recent events have further impacted the global tin supply situation.
Indonesia, the second-largest tin-producing nation, has announced plans to limit or ban tin exports to create greater economic benefit within its borders by processing the metal in-country. The country’s Energy and Mining Minister, Arifin Tasrif stated, ‘What we are not allowing is exporting raw materials because these minerals are not renewable.’ The country only consumes 5% of the refined tin it produces and exports 95%. With China being the top importer of Indonesian tin bars, this would impact China’s ability to source enough tin that it needs as the largest solar panel and consumer electronics manufacturer in the world.
The third largest tin-producing nation, Myanmar, announced a mining ban to start in August 2023. Although previously thought to be uncertain, the Wa State recently released a comprehensive implementation plan for the suspension of all mining activities, demonstrating serious intent to proceed with the proposed ban. This will have devastating effects, further tightening the global tin supply. In 2022, Myanmar accounted for 77% of China’s tin ore imports with the Wa region accounting for 70% of Myanmar’s total tin production.
Minsur, the second-largest refined tin producer in the world, suspended its operations for the entirety of Q1 2023. Operations were suspended due to protests in Peru. Although the company has since resumed operations, it is likely they will continue to face disruptions for the remainder of the year.
The eight largest tin producer, EM Vinto in Bolivia, was also shut down all of Q1 2023 due to its inability to source enough coal from Peru to power its smelter. EM Vinto’s operations have resumed however, it is not out of the question that further disruptions occur due to the lack of a reliable coal supplier.
China’s Q1 2023 tin production declined. The country’s tin production was affected by lower concentrate grades and reduced tin imports from Myanmar. The country’s domestic mine feedstock grade also dropped lowering the total tin tonnes produced in the quarter. Guangxi China Tin, a major tin producer in the country was on care and maintenance for 2 months, further impacting China’s ability to contribute to the world’s global tin production.
The International Tin Association forecasts 3 scenarios based on the disruptions facing key tin-producing nations and companies; all show negative growth in global refined tin supply.
The most optimistic scenario sees a 4% decrease in refined tin supply, the neutral scenario would result in a 7% decrease in refined tin supply, and the most pessimistic scenario would lead to a 12% decrease in refined tin supply.
With so many factors inhibiting the growth in tin supply in the near and long term, the scarcity of the metal will be a catalyst for higher tin prices for the rest of the year and beyond.
The tin market is relatively small compared to other metals; any small disruption will have a large impact on the tin price.
A New Player in the Tin Space Exploring for New Sources of Tin
Tincorp Metals Inc. (OTCQX: TINFF, TSXV: TIN) is a company exploring for new sources of tin. It is a Canadian company exploring tin deposits in Bolivia and has secured agreements to acquire 100% interest in the SF and Porvenir tin projects located in the heart of the Bolivian Tin Belt in the Potosi Department, a world-renowned tin region.
Stay tuned for our next article to find out more about our two tin projects.
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2023.06.01 20:34 tincorpmetals The Global Tin Market Supports Positive Price Outlook (TIN.V / TINFF)
The Global Tin Market Supports Positive Price Outlook
A critical shortage in tin supply is setting the stage for a positive price outlook for the commodity with deficits expected to persist in the foreseeable future.
This situation has arisen due to several factors including the lack of new tin discoveries and global events that have hindered the ability of tin miners and refiners to bring new supply into the market.
Since 1985, only four new tin mines have been put into production, now there are only a handful of operating, economic, and sustainable projects. There has been a general lack of new tin mineral exploration that has left the tin supply in desperate need of new discoveries.
The leading tin-producing nations have exhausted their near-surface high-grade tin deposits. Their mines are getting deeper, grades are declining, and operations are becoming more expensive. As a result, the London and Shanghai Metals Exchanges are experiencing historically low levels of tin supply.
China, the world’s largest tin-producing country is also the leading consumer of tin. In 2022, China accounted for approximately 30% of the global tin supply and 47% of the global tin consumption. What is alarming is that China’s tin production has consistently declined over the past 15 years which has coincided with global tin reserves being depleted over the same timeframe. According to USGS projections, this trend is expected to continue, and the supply deficit is expected to widen through 2030 and beyond.
Recent events have further impacted the global tin supply situation.
Indonesia, the second-largest tin-producing nation, has announced plans to limit or ban tin exports to create greater economic benefit within its borders by processing the metal in-country. The country’s Energy and Mining Minister, Arifin Tasrif stated, ‘What we are not allowing is exporting raw materials because these minerals are not renewable.’ The country only consumes 5% of the refined tin it produces and exports 95%. With China being the top importer of Indonesian tin bars, this would impact China’s ability to source enough tin that it needs as the largest solar panel and consumer electronics manufacturer in the world.
The third largest tin-producing nation, Myanmar, announced a mining ban to start in August 2023. Although previously thought to be uncertain, the Wa State recently released a comprehensive implementation plan for the suspension of all mining activities, demonstrating serious intent to proceed with the proposed ban. This will have devastating effects, further tightening the global tin supply. In 2022, Myanmar accounted for 77% of China’s tin ore imports with the Wa region accounting for 70% of Myanmar’s total tin production.
Minsur, the second-largest refined tin producer in the world, suspended its operations for the entirety of Q1 2023. Operations were suspended due to protests in Peru. Although the company has since resumed operations, it is likely they will continue to face disruptions for the remainder of the year.
The eight largest tin producer, EM Vinto in Bolivia, was also shut down all of Q1 2023 due to its inability to source enough coal from Peru to power its smelter. EM Vinto’s operations have resumed however, it is not out of the question that further disruptions occur due to the lack of a reliable coal supplier.
China’s Q1 2023 tin production declined. The country’s tin production was affected by lower concentrate grades and reduced tin imports from Myanmar. The country’s domestic mine feedstock grade also dropped lowering the total tin tonnes produced in the quarter. Guangxi China Tin, a major tin producer in the country was on care and maintenance for 2 months, further impacting China’s ability to contribute to the world’s global tin production.
The International Tin Association forecasts 3 scenarios based on the disruptions facing key tin-producing nations and companies; all show negative growth in global refined tin supply.
The most optimistic scenario sees a 4% decrease in refined tin supply, the neutral scenario would result in a 7% decrease in refined tin supply, and the most pessimistic scenario would lead to a 12% decrease in refined tin supply.
With so many factors inhibiting the growth in tin supply in the near and long term, the scarcity of the metal will be a catalyst for higher tin prices for the rest of the year and beyond.
The tin market is relatively small compared to other metals; any small disruption will have a large impact on the tin price.
A New Player in the Tin Space Exploring for New Sources of Tin
Tincorp Metals Inc. (OTCQX: TINFF, TSXV: TIN) is a company exploring for new sources of tin. It is a Canadian company exploring tin deposits in Bolivia and has secured agreements to acquire 100% interest in the SF and Porvenir tin projects located in the heart of the Bolivian Tin Belt in the Potosi Department, a world-renowned tin region.
Stay tuned for our next article to find out more about our two tin projects.
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