2023-03-23 15:55:00 ET
With a wide range of applications for tin, it is becoming increasingly important to find sources for this critical metal in more favorable jurisdictions, according to Chris Donaldson, executive chairman of TinOne Resources (TSXV:TORC,OTCQB:TORCF,FWB:57Z0) , based in Vancouver, British Columbia.
“The really interesting part is not really the demand, but on the supply side,” he said. “So 80 percent of the world's tin comes from … dubious jurisdictions — the Democratic Republic of Congo, Indonesia, Myanmar and China. And so our projects being in Australia are very coveted.”
TinOne is focused on the exploration and growth of prospective tin, tin-tungsten and lithium projects in Tasmania.
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TinOne Resources Exec Says Rising Tin Demand Drives Focus on Supply Source