Looking into the next decade, the tin industry faces unprecedented opportunities and challenges. It is important for us in the tin sector to understand what lies ahead. To build this picture, the International Tin Association (ITA) has consulted widely across the sector to see what the future may hold and what action we should take to secure the future of tin
Our world is changing fast. With rising geopolitical tensions, climate change urgency and a series of macroeconomic shocks, we expect the next decade will see the emergence of a new divided world, competing for vital resources including tin.
Tin supply chains will need to adapt rapidly to meet these challenges while also working together to manage increased Environmental, Social, and Governance (ESG) expectations and demonstrate how the tin sector is building a better future for everyone.
At the same time, we expect it will become increasingly clear that tin is a vital technology metal. It will glue together all of the electronic and electrical infrastructure needed to digitise the world and reach Net Zero. Therefore, we firmly believe that the demand for tin will surge.
For all these reasons, we foresee that the next decade will see a wakeup to tin with a new wave of government-supported investment to secure sustainably sourced supply.
As we stand together on the edge of this new era, we at ITA have been engaging with investors, producers, users and ESG experts to begin laying out this vision for tin together. We will use this framework to develop a strategic roadmap that can lead our industry to 2030 and beyond.
Thanks to all who have contributed so far. We look forward to continuing the conversation.
CEO International Tin Association
© ITA 2023