The global tin production is approximately 300,000 tpa with consumption this year (2006) forecast to reach 365,000 tpa.

Demand Side Drivers

• Tin is a “green metal” as it is inert – and is replacing lead in many electronic and chemical applications
• China consumed an estimated 100,000 t of Sn in 2005 and demand is rising

Supply Side Drivers

• China, once a major exporter is now a net importer of Sn
• Limited investment in new Sn projects worldwide
• Small scale mining supplies >50% of all production but is more susceptible to social, political, operational and climate issues eg: China, Indonesia and South America
• US DLA sales cease in 2007

Impact

• Market will be demand driven in 2006 – Europe switching to Sn based solders
• Indication of broadening demand-supply gap.

 Tin Consumption

Tin price