Coltan Demand Grows as Tantalum Applications Expand
FinancialBuzz.com News Commentary
NEW YORK, July 24, 2018 /PRNewswire/ --
Tantalum, along with similar metals such as Niobium, can be found in minerals such as coltan, columbite and tantalite. It is a transition metal that has a high melting point and is capable of resisting high corrosion, as a result, the mineral is being used by major companies such as Nokia and Sony. According to data provided by Mordor Intelligence, the global tantalum market is expected to witness a CAGR of approximately 3.1%, during the forecast period of 2018 to 2023, mostly driven by its increasing application base in the electronics industry. Additionally, the demand for tantalum is expected to rise due to the growing telecommunication sector, owing to the requirement for low voltage capacitors. Vatic Ventures Corp (OTC: VTTCF), AVX Corporation (NYSE: AVX), NioCorp Developments Ltd. (OTC: NIOBF), Commerce Resources Corp. (OTC: CMRZF), Vishay Intertechnology, Inc. (NYSE: VSH)
Tantalum is widely used by in the electronics industry, where the mineral is implemented in manufacturing capacitors and high-power resistors. Information provided by Transparency Market Research indicates that, "tantalums' use is mostly limited to high-end capacitors where stability and high volumetric capacity is of paramount importance. Other electronic applications of tantalum are sputtering targets and target acoustic wave filters. Apart from that, tantalum finds application in medical devices, chemical processing and manufacturing of superalloys. Tantalum-oxide is used in camera lenses as well as X-ray equipment, while tantalum carbide is used to manufacture cutting tools."
Vatic Ventures Corp (OTC: VTTCF) also listed on the TSX Venture Exchange under the ticker (TSX-V: VCV). Earlier today, the Company announced breaking news that, "it has entered into negotiations with a private Sierra Leone company to earn a majority interest in a columbite-tantalite ("coltan") property in the Kono district, eastern Sierra Leone, Africa. The license area totals 169.73 km[2]. The Kono district is a well-known mineral producing region for gold, diamonds, and coltan. According to documents from the license holder that were issued by the Ministry of Mines and Mineral Resources, "columbite-tantalite is a non-conflict mineral and the license area is a non-conflict region in Sierra Leone".
Coltan in Sierra Leone is a fairly recent discovery. The Director General of the Mines Department of the country recently described coltan as the "new kid on the block" on the Sierra Leone mineral landscape. The USGS recently reported that several companies in Sierra Leone are exploring for this material and that there was small-scale production and exports in 2013/2014.
Coltan (columbite-tantalite) is a dull black metallic ore, from which the elements niobium and tantalum are extracted. Niobium and tantalum have a wide range of uses, including refractive lenses for glasses, cameras, phones and printers. They are also used in semiconductor circuits, and capacitors for small electronic devices such as hearing aids, pacemakers, computer hard drives, automobile electronics, and mobile phones. The European Commission has placed both niobium and tantalum on its 2017 list of Critical Raw Materials for the EU.
The tantalite market has experienced significant price rises in the last two years, from just over USD 120/kg to over USD 186/kg. The market for niobium has remained relatively stable the past two years at over USD 42,000 per metric ton. Vatic sees this as a strategic opportunity to diversify its project portfolio."
AVX Corporation (NYSE: AVX) is a leading international manufacturer and supplier of advanced electronic components and interconnect, sensor, control and antenna solutions with 29 manufacturing facilities in 16 countries around the world. The Company recently released the new SpiCAT online simulation tool. Designed with users in mind, new SpiCAT simulation software offers access to two separate portals - SpiMLCC and SpiTAN, which supersede SpiCap III and SpiTan IV - that provide electrical and performance characteristics by frequency and temperature for an extensive range of multilayer ceramic or tantalum, polymer, and niobium oxide surface-mount capacitors. The new SpiCAT software also simplifies capacitor selection, grouping different product series by common application features, and allows design engineers to review electrical characteristics for individual part numbers with respect to temperature and frequency to support quick, easy, and accurate parametric characterization and the rapid identification of capacitor solutions that are ideally suited to their individual application requirements.
NioCorp Developments Ltd. (OTCQX: NIOBF) is developing a superalloy materials project in Southeast Nebraska that will produce Niobium, Scandium, and Titanium. Niobium is used to produce superalloys as well as High Strength, Low Alloy steel, which is a lighter, stronger steel used in automotive, structural, and pipeline applications. Earlier this month, the Company announced that ongoing work on detailed engineering being conducted by the Nordmin Group of Companies on NioCorp's proposed Elk Creek Nebraska, Critical Minerals Mine shows that a proposed waterline to the Missouri River is no longer needed by the Project. Nordmin's ongoing design engineering of the Project's underground mine, and recently updated hydrogeological findings, show that significantly less bedrock water may be encountered during mining operations than was estimated in the Project's 2017 Revised Feasibility Study. This has allowed removal of the waterline, proposed in the 2017 Project FS, from the new mine plan.
Commerce Resources Corp. (OTC: CMRZF) is an exploration and development company with a particular focus on deposits of rare metals and rare earth elements. The Company is focused on the development of its Ashram Rare Earth Element Deposit in Quebec and the Upper Fir Tantalum and Niobium Deposit in British Columbia. Earlier this year, the Company announced that the tantalum and niobium sample from the Upper Fir Deposit in British Columbia has been successfully processed utilizing the patented Krupin Process. The sample of Upper Fir Deposit material, totaling approximately 1,300 kg was sent by the Company to the Krupin facility and was received there in the fall of 2017. The processing took place thereafter and following initial reports of success.
Vishay Intertechnology, Inc. (NYSE: VSH) is one of the world's largest manufacturers of discrete semiconductors (diodes, MOSFETs, and infrared optoelectronics) and passive electronic components (resistors, inductors, and capacitors). In May, the Company announced that it will be showcasing its extensive offering of military-qualified and COTS resistors and tantalum capacitors at the 2018 Components for Military and Space Electronics (CMSE) conference and exhibition. Featured military-qualified tantalum capacitors at CMSE 2018 will include through-hole, surface-mount, and high energy wet tantalum capacitors; Vishay Sprague conformal-coated and molded tantalum chip capacitors with a wide range of capacitance/voltage ratings; and surface-mount polymer capacitors that undergo high-reliability processing, including surge current testing, accelerated aging, thermal cycling, and hot DLC screening. In addition, Vishay Sprague will highlight Hi-Rel COTS solid surface-mount tantalum capacitors with MIL screening and voltages to 75 V.
Subscribe Now! Watch us report LIVE https://www.youtube.com/FinancialBuzzMedia
Follow us on Twitter for real time Financial News Updates: https://twitter.com/financialbuzz
Follow and talk to us on Instagram: https://www.instagram.com/financialbuzz
Facebook Like Us to receive live feeds: https://www.facebook.com/Financialbuzz/
About FinancialBuzz.com
FinancialBuzz.com, a leading financial news informational web portal designed to provide the latest trends in Market News, Investing News, Personal Finance, Politics, Entertainment, in-depth broadcasts on Stock News, Market Analysis and Company Interviews. A pioneer in the financially driven digital space, video production and integration of social media, FinancialBuzz.com creates 100% unique original content. FinancialBuzz.com also provides financial news PR dissemination, branding, marketing and advertising for third parties for corporate news and original content through our unique media platform that includes Newswire Delivery, Digital Advertising, Social Media Relations, Video Production, Broadcasting, and Financial Publications.
Please Note: FinancialBuzz.com is not a financial advisory or advisor, investment advisor or broker-dealer and do not undertake any activities that would require such registration. The information provided on http://www.FinancialBuzz.com (the 'Site') is either original financial news or paid advertisements provided [exclusively] by our affiliates (sponsored content), FinancialBuzz.com, a financial news media and marketing firm enters into media buys or service agreements with the companies which are the subject to the articles posted on the Site or other editorials for advertising such companies. We are not an independent news media provider and therefore do not represent or warrant that the information posted on the Site is accurate, unbiased or complete. FinancialBuzz.com receives fees for producing and presenting high quality and sophisticated content on FinancialBuzz.com along with other financial news PR media services. FinancialBuzz.com does not offer any personal opinions, recommendations or bias commentary as we purely incorporate public market information along with financial and corporate news. FinancialBuzz.com only aggregates or regurgitates financial or corporate news through our unique financial newswire and media platform. For Vatic Ventures Corp. financial news dissemination and PR services, FinancialBuzz.com has been compensated five thousand dollars by the company. Our fees may be either a flat cash sum or negotiated number of securities of the companies featured on this editorial or site, or a combination thereof. The securities are commonly paid in segments, of which a portion is received upon engagement and the balance is paid on or near the conclusion of the engagement. FinancialBuzz.com will always disclose any compensation in securities or cash payments for financial news PR advertising. FinancialBuzz.com does not undertake to update any of the information on the editorial or Site or continue to post information about any companies the information contained herein is not intended to be used as the basis for investment decisions and should not be considered as investment advice or a recommendation. The information contained herein is not an offer or solicitation to buy, hold or sell any security. FinancialBuzz.com, members and affiliates are not responsible for any gains or losses that result from the opinions expressed on this editorial or Site, company profiles, quotations or in other materials or presentations that it publishes electronically or in print. Investors accept full responsibility for any and all of their investment decisions based on their own independent research and evaluation of their own investment goals, risk tolerance, and financial condition. FinancialBuzz.com. By accessing this editorial and website and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy, as may be amended from time to time. None of the content issued by FinancialBuzz.com constitutes a recommendation for any investor to purchase, hold or sell any particular security, pursue a particular investment strategy or that any security is suitable for any investor. This publication is provided by FinancialBuzz.com. Each investor is solely responsible for determining whether a particular security or investment strategy is suitable based on their objectives, other securities holdings, financial situation needs, and tax status. You agree to consult with your investment advisor, tax and legal consultant before making any investment decisions. We make no representations as to the completeness, accuracy or timeless of the material provided. All materials are subject to change without notice. Information is obtained from sources believed to be reliable, but its accuracy and completeness are not guaranteed. For our full disclaimer,disclosure and Terms of Use, please visit: http://www.financialbuzz.com
Media Contact:
[email protected]
+1-877-601-1879
Url: http://www.FinancialBuzz.com
SOURCE FinancialBuzz.com
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article