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Alphamin Resources Corp. V.AFM

Alternate Symbol(s):  AFMJF

Alphamin Resources Corp. is a Mauritius-based company, which is engaged in the production and sale of tin concentrate from the Bisie Tin mine in the Democratic Republic of the Congo (DRC). The Company sells its product to one customer, Gerald Metals SA. The Company’s Mpama South development project is adjacent to the producing Mpama North mine and comprises a new underground development portal, processing plant and associated equipment. The Company has developed and brought the Bisie Tin Mine project in production. The Company’s subsidiaries include Alphamin Bisie Mining SA, Alphamin South Africa (Pty) Limited, Alphamin Holdings (BVI) Ltd, and Alphamin Holdings (BVI) Ltd.


TSXV:AFM - Post by User

Comment by Jsaw44on Nov 01, 2021 11:23pm
73 Views
Post# 34075832

RE:Tin shortage to last for another 7 years

RE:Tin shortage to last for another 7 yearstin will be at 250k/metric ton in 3 or 4 years, you haven't seen jack yet

The number of semiconductor fabs that will be built in the next decade are going to create an insane demand for Tin. Every single chip needs to be soldered and tin is the only metal for the job. 

The first of these fabs will come online in 15 months. They have been feverishly adding additional capacity to existing fabs since the chip shortage began, this is why the demand for tin keeps ramping. Wait until entire fabs start coming online left and right.
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