Last month Stellar Resources Limited, an Australian tin exploration and development company, attended the 2015 International Tin Forum in Shanghai, billed as the metal’s main event of the year.
A record 300+ delegates from around the world were in attendance at the event between 18 – 20 May. The Forum offered international attendees a window into the world’s largest tin market, while providing the Chinese industry with a clear view of trends in global supply, demand and prices.
During the Forum, Stellar Resources presented its Heemskirk Tin Project, the highest grade undeveloped tin project listed on the ASX.
Managing Director, Peter Blight, explained how Stellar’s project is in a premier position in Australia’s most productive tin field, and how they are poised to embark on a detailed feasibility study for Heemskirk this year.
International Tin Research Institute (ITRI) also gave a formal presentation covering a number of the year’s principal issues, including:
- Imports of ore and concentrates from Myanmar;
- Technology changes in the electronics solders business;
- Rapid growth in newer applications like lead-acid batteries; and
- The unexpected increase in the 2014 tin mine production and its subsequent role in the fall in the price of tin, particularly in the second half of the year.
Additional presentations at the Forum showed demand in the tin market is looking stronger than expected, with above trend growth forecast for 2015 after a strong recovery in 2014. This is good news for developers and explorers such as Stellar Resources.
To view the presentation Stellar gave at the 2015 ITRI International Tin Forum, please click here.
