Tin stocks

[Hectorplains]

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Tin prices moving up again.  Short to mid term supply is the main driver. MetalX on the ASX (my preferred tin stock) up 11% today.  VMS - a potential tin miner but one I thus far regret investing in - up 4%.  The end of China's lockdowns should reboot productivity in electronics etc and that demand will underpin tin prices.

Very good background piece: https://www.mining.com/web/column-tin-must-tame-its-wildness-to-meet-coming-demand-surge

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Tin and MLX article

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Tin futures $30,000 per tonne, highest level since June 2022.  China's economy reopening has lifted demand, coupled with this is Minsur, the world's third largest tin producer, temporarily suspending mining operations at San Rafael tin mine from 12th January, for who knows how long?

Most metals are up around 20% from November but the stars of this show are iron ore 50% and tin 60%. MLX continues its good run up another 3cps (7%) today.  This has further to go too as China really gets back on its feet.

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Big tick for tin  https://financialpost.com/commodities/mining/gold-miners-keep-merging-tin-big-thing-yamana-peter-marrone

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This is a good summary of the tin market in 2023.  Short term it is still looking very rewarding.

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Stockhead waking up to the potential.

[Hectorplains]

LME Tin price has climbed back from a in mid-March low of $22k to back just under $26,000. The latest volatility might be linked to a flow on from the banking jitters and the weakening US dollar? Tin supply in China is still in surplus so short term not much to push the price higher. On the ASX Old Peak continues to sell down MLX.  This has capped MLX at 30 cps.  This is a level that I think provides an excellent entry / accumulate opportunity but as always...tin remains extremely volatile.