HERTFORDSHIRE, UK — The International Tin Association presented its vision for the future of tin during its annual Investing in Tin Seminar, and said there is a major investment opportunity for tin mining and recycling as the metal is a vital ingredient in solar energy, electric vehicles and other future technologies.

“Over the next decade we believe demand for tin will surge as the technology supercycle brings unprecedented opportunities for the tin industry,” said Dr. Jeremy Pearce, head of Market Intelligence & Communications at ITA. “The sector will need to adapt rapidly to meet this demand as the role of tin in enabling the energy transition and digitization becomes more obvious."

During the event, ITA previewed first stage results of its TIN2030 initiative. The look to 2030 through the lens of macroeconomic influences, growing sustainability pressures and opportunities and the role of technology ends with a reminder of the crucial role of tin, for example as solder – the glue that holds together all electronic and electrical infrastructures.

The ITA also stressed the need to secure future tin supplies, highlighting the scale of new investment required to meet the expected surge in demand and estimating that $1.4 billion is needed to deliver 50,000tpa more tin by 2030.

The organization also announced its flagship Tin Code ESG reporting tool is being extended for voluntary participation by ITA Explorers and Developers Group members, and said ESG performance will be an essential step in securing investment in new supply while the Code allows its members to demonstrate their ESG commitment and work towards positive improvement in their operations and the global tin industry.

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