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Tin and nickel - important commodities, also for investors


Von Swiss Resource Capital AG

The course is being set for tin and nickel in Indonesia. In the long term, things look good, also for investors in companies with corresponding projects.

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There are supply risks for tin. This should support the price. It is true that 2023 will end with a surplus, as China, Bolivia and Congo have been busy producing, as have Peru and Malaysia. However, consumption is robust, and experts expect the oversupply to give way to a deficit. For one thing, there are China's imports from Myanmar. Although a ban on mining in the state of Wa has been lifted, uncertainties remain. And the largest mine in the state of Wa is still closed, meaning that a huge amount of tin is simply missing. On the other hand, there are disruptions in Indonesia. Production is declining here and there are problems with the mining approval process. According to forecasts, the global production volume will remain roughly the same, but tin demand is expected to increase this year. This is due to increasing semiconductor production, the automotive sector and the photovoltaic sector. The driving forces behind this are the energy transition and growing automation sectors.

 

In the tin sector, for example, TinOne Resources - https://www.commodity-tv.com/ondemand/companies/profil/tinone-resources-inc/ - operates in Tasmania, New South Wales in Australia and in Europe.

 

The production of nickel alloys and stainless steel consumes a lot of nickel. Demand for stainless steel is booming in China in particular. The nickel market is almost in balance with a small surplus. Nickel production has been reduced. Considerable control in the allocation of ore quotas in Indonesia has led to reduced production. Nickel demand has risen sharply in the last year. According to forecasts, the electromobility sector will be the most significant driver this year, boosting nickel consumption and therefore also prices. Around 55% of nickel currently comes from Indonesia, although this could rise to 75% by 2028. 

 

Nickel can also be found in Canada, for example in the Crawford Nickel-Cobalt Sulphide Project of the Canada Nickel Company - https://www.commodity-tv.com/ondemand/companies/profil/canada-nickel-company-inc/ -. The promising project is wholly owned by the company.

 

Current company information and press releases from Canada Nickel Company (https://www.resource-capital.ch/en/companies/canada-nickel-company-inc/ -).

 

 

 

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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