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The latest announcement is out from First Tin Plc ( (GB:1SN) ).
First Tin PLC announced a successful equity fundraising of £6.3 million, which will be used primarily for the Taronga project in Australia and to support activities in Germany. This funding will accelerate critical early works, infrastructure upgrades, and the completion of the updated Definitive Feasibility Study at Taronga, while also progressing permitting and exploration in Germany. The move positions First Tin to capitalize on the rising demand for tin, driven by its essential role in the global energy transition and digital technologies, amid ongoing supply constraints.
More about First Tin Plc
First Tin PLC is an ethical and sustainable tin production company focused on developing high-value, low-capex tin assets in Germany and Australia. The company aims to become a key tin supplier in conflict-free, low political risk jurisdictions, leveraging best-in-class environmental standards to support the global clean energy and technological revolution.
Average Trading Volume: 365,148
Technical Sentiment Signal: Buy
Current Market Cap: £38.63M
See more data about 1SN stock on TipRanks’ Stock Analysis page.