Tantalum coup

German materials group H C Starck has signed a 10-year contract to purchase 600 000 pounds of tantalum raw materials annually from Tantalum Egypt JSC, which holds the mining rights for the Abu Dabbab exploration area in Egypt...

The contract expands Starck’s raw materials base for the metal as well as supporting its long-term involvement in the tantalum market.
“The contract is a solid cornerstone of our raw material strategy and enables H C Starck to continue to be a reliable partner at all times to our customers on the basis of a sound supply source,” said Heinz Heumüller, chairman of the executive board. Tantalum powder is a key intermediate material for the production of capacitors used in cell phones, laptops, or flat screens. Starck specialises in high-capacitance tantalum powders.