Everything that is happening to the #tin price would have happened 8 years ago if Myanmar had not come along and gone from 2kt to 60kt of production overnight.
Market demand is 30% higher today, and Myanmar production in terminal decline as all the rich pickings are depleted.
Who can fill This void in the short or medium term? Only artisanal producers in DRC and Indonesia - but little sign of that at the moment.
Long term we need new, large hard rock mines. But there are very few known assets that can add more than one or two thousand tonnes of supply
Long term we need new, large hard rock mines. But there are very few known assets that can add more than one or two thousand tonnes of supply
#tin demand is highly inelastic, and very difficult to substitute. It requires a very high price to ration demand
$50k tin? Very likely
$100k tin? Entirely possible
My only listed tin position is Alphamin - the best tin deposit on the planet.
Like a ‘61 Margaux or ‘82 Petrus
$50k tin? Very likely
$100k tin? Entirely possible
My only listed tin position is Alphamin - the best tin deposit on the planet.
Like a ‘61 Margaux or ‘82 Petrus
• • •
Missing some Tweet in this thread? You can try to
force a refresh
