The tantalum market is boutique in size with total global demand of approximately 1,700 tonnes of tantalum metal per year.

Tantalum is primarily used in the electronics industry in the manufacture of capacitators for high-end applications like telecommunications and data storage. It is also used in semi-conductors, engine turbine blades and medical implants. As well as providing ductility, toughness, corrosion resistance, thermal conductivity and heat resistance to various other applications.

There are two major buyers of tantalum raw product worldwide: HC Starck and GAM.

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