RE: LeoThread 2026-03-10 15-56
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Tin has surged from about $30,000 to $57,000 per metric ton, while Western supply remains dangerously thin. China and Indonesia dominate global output, and rising geopolitical tensions only worsen the outlook.
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A company owning a stake in one of the highest-grade Western tin operations has seen its stock more than double. Its earnings multiple looks absurdly low given where tin appears headed.