Coffee with Samso Episode 148: Let's talk Tin
Venture Minerals Limited (ASX:VMS) is currently undergoing a phase of preparing a Feasibility Study and it's time to talk Tin.
Remember this #GreenTin Song:
The Green metal and No Emission movement have made the plight of the Tin Story important for Investors. Venture Minerals may be an accidental recipient of the Green Metal movement.
This episode of Coffee with Samso Episode 148 with Andrew Radonjic, the Managing Director, is all about Tin. This is an episode which focuses on why Tin is a significant commodity. Andrew has just come back from his travels where he attended a Tin conference. We help dissect his learnings from the conference and bring out what he had learned and share it with the Samso audience.
Tin is an underrated metal, it's like the unloved element of technology. It's not given the credit that it deserves. As we have described in the conversation, it's the glue of technology. Every part of the new world of No Emission and the electrification of progress needs tin.
If you take the supply issue of non ESG compliant sources, there will be a big issue for tin users. For those people who see this need for realisable ESG compliant source of tin, this is a great time to look at companies like Venture Minerals.
What audiences need to ignore is the other so called sources of tin who claim that they are production ready. If that is the case, why are they not producing already? I strongly encourage potential investors to reach out to Andrew to ask him what the difference is between what can happen and what will never happen.
I made this video to give an insight to what could be a real game changer in terms of the need for tin. The uses of tin are increasing and there is now talk of tin being a vital component of lithium battery anodes. Some people may call this a pipe dream but so was the vanadium battery.
If the so called Lithium-Tin solid battery anodes comes to fruition in the coming years, this will completely change the tin market. The same factors that are driving the High Purity Alumina industry that is driven by Kaolinite-Halloysite is also being seen with the tin sector.
There are now some serious conversations on how tin will play in carbon capture, water treatment and heat harvesting. As we all agree, the need for these conversations to turn into reality will be high on the agenda but reality may be a distance away. The important part is that it is happening now.
I hope this episode of Coffee with Samso will give audiences some concept of the tin market and its uses which will make tin a major player of the new No Emission electrification of energy world.
01:25 Andrew updates.
09:56 The Indonesian Tin Story.
15:37 Market discussion from the Tin conference.
20:01 Tin moving into the "high tech" uses sector.
24:24 Tin moving into the battery sector.
30:14 The introduction of a tin related battery.
31:28 The hurdle of finding new tin deposits and a tin producing mine.
32:26 Project updates.
38:53 The summary of tin.
39:43 Andrew closing summary.
About Andrew Radonjic
Qualifications: BAppSc (Mining Geology), MSc (Mineral Economics), MAus/MM
Mr. Radonjic is a geologist and mineral economist with over 30 years of experience in mining and exploration, with an initial focus on gold and nickel in the Eastern Goldfields of Western Australia. Andrew has fulfilled a variety of senior roles which gave rise to three gold discoveries, totalling in excess of 3 million ounces in resources and resulting in 1.5 million ounces being produced. Since 2006 Andrew has been an executive director with Venture Minerals, which he has been co-leading during the discovery of the Mount Lindsay Tin-Tungsten deposit. Andrew is a founder and recently was a director of Blackstone Minerals Limited (ASX: BSX).
About Venture Minerals Limited
Venture Minerals Ltd (ASX: VMS) has refocused its approach to developing the Mount Lindsay Tin-Tungsten Project in northwest Tasmania, already one of the world's largest undeveloped Tin-Tungsten deposits. With higher Tin prices and the recognition of Tin as a fundamental metal to the battery revolution, Venture has commenced an Underground Feasibility Study on Mount Lindsay that will leverage off the previously spent +$35m on completing the open-pit feasibility work.
At the neighbouring Riley Iron Ore Mine, the company moved from a highly successful explorer to producer with completion of the first shipment. In Western Australia, Chalice Mining (ASX: CHN) recently committed to spend up to $3.7m in Venture’s South West Project, to advance previous exploration completed by Venture to test the priority 20 km long Thor target, with drilling having commenced.
At the Company’s Golden Grove North Project, it has already intersected up to 7% Zinc, 1.3% Copper and 2.1g/t Gold at Orcus and has identified several, strong EM conductors to be drill tested along the 5km long VMS (Volcanogenic Massive Sulfide) Target Zone, along strike to the world class Golden Grove Zinc-Copper-Gold Mine.
Venture recently doubled the Nickel-Copper-PGE landholding at Kulin by securing two highly prospective 20-kilometre long Ni-Cu-PGE targets.
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The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints. Read full Disclaimer.
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