Tin Stocks
Tin is a critical enabler of electronics and the energy transition, with roughly half of global demand tied to solder for printed circuit boards, semiconductors, EVs and renewable energy systems.
This list covers the full investment universe of publicly listed tin stocks — from major integrated producers and smelters to focused miners — across the key tin-producing jurisdictions worldwide.
Market caps are updated monthly. Click any row to expand a full company overview.
| Company | Ticker | Mkt Cap (US$M) | ||||
|---|---|---|---|---|---|---|
 Yunnan Tin Company |
000960.SZ | $9,670M | ||||
Yunnan Tin CompanyYunnan Tin Company Limited is the world's largest tin producer by output, with operations concentrated in Yunnan Province, China. Tin production is central to its business — extracted primarily from the Zhongsheng, Dulong, and Huitong mineral districts — and the company integrates upstream mining through to smelting and refining, producing refined tin products, solder alloys and specialty tin chemicals for electronics and industrial markets. As part of China Minmetals' extended group, Yunnan Tin benefits from an integrated domestic value chain and historically low unit costs, supported by resource scale and established smelting infrastructure. Its tin segment underpins a significant share of group revenue and cash generation, with by-product streams such as tungsten and lead providing incremental diversification but not diluting tin's strategic primacy. China: 000960.SZ $9,670M Yunnan tin mining & smelting operations |
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 PT Timah |
TINS.JK | $2,040M | ||||
PT TimahPT Timah Tbk is Indonesia's primary tin miner and one of the world's largest producers of refined tin, with operations on the islands of Bangka–Belitung where alluvial and offshore tin deposits have been worked for generations. Tin is the company's core business and virtually the sole revenue driver, spanning dredging and land mining through to smelting, refining and sale of solder tin and specialty tin products to global markets. The company's competitive positioning reflects Indonesia's high-grade alluvial endowment and PT Timah's integrated domestic smelter capacity, although resource depletion and regulatory shifts (notably the requirement to move away from certain offshore dredging) have pressured production in recent years. Tin's strategic importance to PT Timah is absolute — other commodities or metals play only a peripheral role, making cash flow and earnings highly correlated with global tin prices. Indonesia: TINS.JK $2,040M Bangka–Belitung tin mining & smelters |
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 Alphamin |
AFM.V | $1,340M | ||||
AlphaminAlphamin Resources Corp. is a focused tin producer operating the Mpama North Mine in the Democratic Republic of the Congo, one of the highest-grade tin deposits globally and a major contributor to global primary tin supply. Tin is the company's sole commercial commodity, mined from high-grade cassiterite-rich orebodies and processed into concentrates for export to smelters serving solder, electronics and industrial markets. Mpama North's exceptional grades (often above 5% Sn) drive strong margins and competitive positioning, while Alphamin continues exploration and resource expansion to sustain multi-year production profiles. Other metals (notably copper and zinc in trace quantities) are by-products and do not materially contribute to earnings. Canada: AFM.V $1,340M Bisie Tin Mine (84.1% owned) |
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 MetalsX |
MLX.AX | $900M | ||||
MetalsXMetals X Limited has established tin production as a significant part of its diversified mining portfolio through the Renison Tin Mine in Tasmania, Australia, one of the world's most consistent primary tin mines. Renison produces high-quality tin concentrate, supported by zinc and copper by-product credits that help offset operating costs but do not overshadow tin's core role in the asset's economics. Metals X also has interests in other base metals assets (including nickel and gold), but tin from Renison remains a standalone strategic pillar, generating stable cash flow and underpinning dividends and group returns. The company's approach emphasises operational optimisation at Renison and near-mine exploration to preserve and extend mine life in a jurisdiction with strong infrastructure and regulatory transparency. Australia: MLX.AX $900M Renison tin mine (50% owned) |
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 Malaysia Smelting |
5916.KL | $240M | ||||
Malaysia Smelting CorporationMalaysia Smelting Corporation Berhad is a diversified base metals producer with integrated tin smelting operations in Malaysia and Indonesia, where its core tin processing facilities produce refined tin and a range of tin alloys and chemicals for solder, plating and industrial applications. Tin remains a material contributor to group revenue, though MSC operates additional non-tin assets — notably nickel and associated ferroalloys — providing portfolio diversification that cushions cyclicality in tin prices. The company's smelter footprint and access to regional feedstocks (including toll smelting arrangements with third-party miners) enhance throughput flexibility and scale, supporting its position as a leading tin refiner in Asia. Malaysia: 5916.KL $240M Tin smelters/refineries (Malaysia) |
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Related Lists From GSR
Key Terms Full Glossary →
The primary tin-bearing mineral and the main commercial source of tin globally. Cassiterite typically occurs in hydrothermal vein systems (hard rock) or as secondary concentrations in alluvial/placer deposits. Ore grade is usually expressed as % Sn contained within cassiterite-bearing rock.
Tin deposits formed by weathering and erosion of primary hard-rock sources, concentrating cassiterite in riverbeds, coastal sediments or offshore sands. Placer deposits — such as those in Indonesia — are often lower cost to mine but can raise environmental and regulatory considerations.
The intermediate product produced after beneficiation of ore, typically grading 40–75% tin. Concentrates are sold to smelters for refining into metallic tin. Pricing is usually linked to LME tin prices with treatment charges deducted.
High-purity metallic tin (typically 99.85%+ purity) deliverable against the London Metal Exchange contract. This is the benchmark pricing reference for global tin markets and the product used primarily in solder for electronics and energy transition applications.
FAQ
China is typically the largest refined tin producer globally, supported by domestic mine supply and imported concentrates. On the mining side, China, Indonesia, Myanmar, Peru and the Democratic Republic of the Congo (DRC) are consistently among the largest sources of primary tin supply. Indonesia is particularly important in seaborne refined tin markets due to its export-oriented production model.
Yunnan Tin Company is widely regarded as the largest refined tin producer globally. Among primary mining companies, Alphamin Resources (Mpama North, DRC), Minsur (San Rafael, Peru), and PT Timah (Indonesia) are typically among the largest single-asset or national champions in terms of contained tin production. Production rankings can vary depending on whether refined output or mined tin concentrate is used as the benchmark.
Roughly half of global tin demand is tied to solder, which is critical for printed circuit boards, semiconductors, electric vehicles, renewable energy systems and grid infrastructure. Tin is also used in chemicals, plating, alloys and emerging battery applications. As electrification and semiconductor demand expand, tin benefits indirectly from growth in electronics intensity per vehicle and per renewable installation.
Tin is priced globally on the London Metal Exchange (LME), where the benchmark contract is for Grade A refined tin (99.85% purity or higher). Tin concentrate producers typically sell at a discount to the LME price after deducting treatment charges (TCs) paid to smelters. Because the tin market is relatively small and illiquid compared to copper or aluminum, prices can be volatile during supply disruptions.
Tin supply is geographically concentrated and often comes from jurisdictions with regulatory, environmental or geopolitical risk (e.g., Indonesia, Myanmar, DRC). Additionally, many deposits are alluvial or artisanal in nature, leading to structural supply variability. Limited new large-scale discoveries and long permitting timelines for hard-rock projects mean supply growth can lag demand during upcycles.