CSD 0.00% 12.5¢ consolidated tin mines limited

So, CSD will be a zinc, copper and lead producer with intentions...

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    So, CSD will be a zinc, copper and lead producer with intentions of leverage off assets and production, to modify a plant to and tin.... Possibly the best timing ever?

    Details are coming... ;-)

    High probability of a global tin shortage within next 5-years: ITRI London
    22Jul2014/715 am EDT/1115 GMT

    There is a "high probability" of a global shortage of tin material within the next five years -- even if demand slows -- industry body ITRI said Tuesday in a report. The report said the international tin producers association, "calls for an acceleration in investment in all potential sources of new tin supply, including brownfield and greenfield exploration and development, formalization and management of artisanal and small-scale mining and a boost to recycling."

    The global market is expected to remain in deficit to 2018 with a shortfall of over 60,000 mt, "despite an anticipated slowdown in growth in usage from the current rate of some 2.5%/year to below 1%/year."

    According to ITRI demand has fallen in four of the last six years, although ITRI's 2013 survey of tin users identified a cyclical resumption of growth in most major applications.

    "Looking forward, ITRI sees tin chemicals and energy-related applications taking over the driving role in the expansion of the tin market from solders," the report read.

    On the mine side, global production has amounted to 280,000-300,000 mt/year in recent years, but is forecast to decline in the short term and return to only just over 280,000 mt in 2018, according to the industry body.

    "Declining production from the big two producing countries, China and Indonesia, may be just about offset by new project start-ups elsewhere in the world, but very few of these have so far got past the feasibility study stage. Increased secondary production, currently running at some 60,000 mt/year, could also help meet demand," the report said.

    The report points out that the forecast supply shortfall to 2018 is greater than worldwide visible stocks at the start of this year, but that the gap could be filled by a drawdown of unreported stocks held by producers, consumers and traders, notably in China. "Currently there is good availability of tin, with uncertainties about global demand, oversupply in China and higher exports from Indonesia. Prices are expected to remain rangebound into the fourth quarter of this year, but could then move sharply higher in the next three to four years," ITRI said.

    Three-month tin closed the Monday London Metal Exchange kerb session at $22,200/mt. Stocks held in LME-registered warehouses stood at 11,920 mt Tuesday up 25 mt on da
 
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