To keep abreast of developments in the world of tantalum you may be interested in reading the following Metal-Pages article. Metal-Pages, which is generally recognised as the leading reporter of metal prices and industry news relating to the global metals industry, has granted Gippsland permission to distribute the article.
Jack Telford
Director, Chief Executive Officer
www.gippslandltd.com
www.metal-pages.com
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Tantalum prices up on demand and tight supply
LONDON (Metal-Pages) 07-Jul-10. Tantalum metal prices have risen by nearly 50% over the past few months, and are still on the way up, according to market sources.
In March prices for tantalum bars were $165/kg rising to $185 and further to $220/kg in May with replacement material being quoted at around $250/kg.
In early June a business for tantalum bars was reported at $250/kg and in the latter part of the month another trader reported paying $285/kg for bars adding that he would expect any further offers to �begin with a 3.�
Recent business was still reported to Metal-Pages at $285-287/kg, however some suppliers said they are now already offering looking to get $300-310/kg or higher for new orders.
Prices have seen a jump in June since a Chinese tantalum supplier defaulted on contracts to a number of customers. This has been linked to the difficulty in obtaining the raw material, tantalum concentrate, since sourcing tantalite from the Congo is no longer acceptable to most downstream consumers, and very little material reportedly has been coming out of the DRC, according to market sources and trade statistics.
Prices for tantalite have risen to above $60/lb Ta2O5 recently and are now nominally in the range $60-68/lb in the spot market, with forward contracts fetching a sizeable premium.
Tantalum is used in the consumer electronics industry, mainly as powder and wire for capacitors in telecommunications devices and implantable medical devices as well as in mobile phones, digital cameras, gaming consoles and computers. It is also used in high-temperature, high-pressure alloys used to manufacture rotary blades for hot sections of aircraft engines and land-based industrial turbines.
While consumption, especially from the electronics sector, is growing again after a slump in 2008-09, supply of the tantalum raw material is constrained.
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VanEck Vectors Global Alternative Energy ETF
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EN DÉVELOPPEMENT |
CODE : GIP.AX |
ISIN : AU000000GIP1 |
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Gippsland est une société d’exploration minière de étain basée en Australie. Gippsland est en développement de projets de étain, de niobium et de tantalum en Egypte. Ses principaux projets en développement sont ABU DABBAB et NUWEIBI en Egypte et ses principaux projets en exploration sont WADI ALLAQI et ZEEHAN en Egypte. |