Ethiopia Looking For Investors in Tantalum Mine
Bloomberg reported Ethiopia’s government is looking for investors from China and Germany to buy a stake in its tantalum producer.
Bloomberg reported Ethiopia’s government is looking for investors from China and Germany to buy a stake in its tantalum producer.
Strategy Page reports on the current state of the Democratic Republic of the Congo, including the effects of Dodd-Frank.
Business World Online reports that China produces 95% of the world's rare earth metals like tantalum which we use everyday.
CNBC reports that rare earth minerals like tantalum are primarily controlled by China--a fact many countries hope to change.
Rising demand for consumer electronics’ will stretch the supply chain of tantalum thin, potentially eliminating stockpiles of the metal. Tantalum is essential for high tech electronics, and prices having been rising on limited supply. Ron MacDonald from Cansource explains how this will effect the market.
A lot of attention was focused on conflict minerals sourced from the Democratic Republic of Congo. This attention focused investors on the growth potential in this market. Prices have been growing on strong physical demand, and the reduction of supply from Congo. The outlook for tantalum is strong in 2011.
A mining ban that was supposed to curb illegal mining activity that funds rebel groups in Eastern Congo has made the implementation of the “Conflict Minerals Act” passed by the US legislators, a difficult process. Also, China plans to create strategic reserves of minor metals.
Recent reports on the global electronics industry show steady growth continuing in 2010 and onwards as emerging economies drive demand for electronic products.
Get our independent commentary on tantalum trends and companies delivered to your inbox.