Australia Tin Market Report and Forecast 2024-2032

Australia Tin Market Outlook

The Australia tin market size is projected to grow at a CAGR of 4.32% between 2024 and 2032.

Key Takeaways:

• Geoscience Australia reports that around two-thirds of Australia's tin Ore Reserves come from the Renison Bell mine in Tasmania, the country's sole major tin producer.

• As stated by the USDA, Australia's food, beverage, and grocery industries represent a third of the nation's manufacturing sector. In 2021, the food sector generated A$116 billion (US$80.4 billion), contributing to the Australia tin market growth.

• As per Geoscience Australia, global economic tin resources amount to about seven million tonnes, with Australia possessing roughly 1.3% of this total in 2023.

Soldering drives Australia tin market growth, particularly in the electronics sector, where it is widely utilized for assembling circuit boards and electronic devices

Tin-based solder plays a crucial role in electronics, offering conductivity, reliability, and ease of application. It also holds significance in industrial uses for strength and versatility, as well as in consumer products for quality finishes and durability.

In February 2024, Stellar Resources Ltd concentrated on advancing the Heemskirk Tin Project in Western Tasmania and exploring for various minerals in Northeast Tasmania. The company secured $3.2 million through a share placement, with Nero Resources fund contributing $2.4 million as a new cornerstone investor.

Chemicals within the tin market, such as fluxes and tin plating solutions, facilitate strong bonds, providing benefits like improved adhesion, corrosion resistance, and enhanced conductivity. Cleaning agents prepare surfaces for effective soldering and tin plating as well.

Market Segmentation

Australia Tin Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Product Type

• Alloy

• Compounds

• Metal

Market Breakup by Application

• Chemicals

• Soldering

• Tin Plating

• Others

Market Breakup by End Use

• Packaging (Food and Beverages)

• Automotive

• Glass

• Electronics

• Others

Market Breakup by Region

• New South Wales

• Victoria

• Queensland

• Australian Capital Territory

• Western Australia

• Others

The Australia tin market key players are AMAC Group, Inductotherm Group Australia Pty Ltd., Hayes Metals Pty Ltd., Total Metalloys Industries (Australia) Pty Ltd., Metals X Limited, Global Advanced Metals Pty Ltd., and CAgroup Australasia Pty Ltd. among others.

Key Highlights of the Report