First Tellurium (CSE: FTEL) (OTC: FSTTF) is sure to strengthen its position in the tellurium market, projected to grow at a CAGR of 3.41% between 2022 and 2027 according to a 2023 Technavio analysis study. “‘The increased demand from the consumer electronics industry is notably driving market growth,’ stated the report. ‘Tellurium alloys are commercially used in various consumer electronics products. They offer potential solutions to a wide range of applications such as mobile phones, LED displays and projectors, wearable electronic devices, gaskets and lighting, and rollers. Additionally, factors such as the increasing urban population, rise in disposable income, strong supply chain and high internet penetration also drive the growth of the global market,’” reads a recent article, which contains excerpts from the Technavio report. “First Tellurium has worked hard to become a leader in this space. The company’s strategy is to start with a small mine and expand it over time. The company is currently North America’s leading tellurium explorer with its Klondike tellurium-gold property in Colorado and polymetallic Deer Horn Project in British Columbia… First Tellurium’s business model is designed to generate revenue and value through mineral discovery, project development, project generation and cooperative access to untapped mineral regions in Indigenous territory with sustainable exploration. ‘This is the future of mineral exploration: generating revenue by exploring responsibly and leveraging diverse partnerships,’ the company stated.”
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About First Tellurium Corp.
First Tellurium’s unique business model is to generate revenue and value through mineral discovery, project development, project generation and cooperative access to untapped mineral regions in Indigenous territory with sustainable exploration. Its Klondike tellurium-gold property in Colorado and polymetallic Deer Horn Project in British Columbia anchor a diversified search for metals, working in alliance with Indigenous peoples, NGOs, governments and leading metals buyers. This is the future of mineral exploration—generating revenue by exploring responsibly and leveraging diverse partnerships. First Tellurium proudly adheres to, and supports, the principles and rights set out in the United Nations Declaration on the Rights of Indigenous Peoples and, in particular, the fundamental proposition of free, prior and informed consent. For more information about the company and its projects, visit www.FirstTellurium.com.
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