Tantalum Market Update (May 10, 2012)
A brief overview of tantalum price developments, supply and demand, and significant market movers.
A brief overview of tantalum price developments, supply and demand, and significant market movers.
A brief overview of tantalum price developments, supply and demand, and significant market movers.
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.
The supply of tantalum from non-conflict sources is stretched thin. Prices may rise as increased demand for electronics pushes electronics manufacturing companies' stockpiles to the limit. Tantalum prices have already jumped over the last year, and may continue their rise by 50 percent through 2011 as scrap for the metal is running out.
A general overview of tantalum properties, uses, industry and investing.
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