Gippsland reports tantalum shortage by 2011
Gippsland Limited (ASX: GIP, FRANKFURT: GIX) reported that the global tantalum market is still anticipated to experience a significant supply shortfall by 2011.
The press release is quoted as saying:
The unavailability of this kind of tantalum has sparked interest in the raw material from Gippsland’s Abu-Dabbab project with the company currently engaged in discussions with a number of major tantalum refiners over additional tantalum offtake and involvement in the project. Gippsland expects the shortage and the constraint on conflict tantalum usage to place it in a position to secure a long-term offtake agreement in the near future.
Click here to access the entire press release
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Sat, Jan 2, 2010
Post by Mike Rodger, Tantalum Reporter