According to the latest statistics from USGS, the global tantalum ore output totaled 790 tons in 2011, up 16.01% year-on-year. In particular, Brazil was still the world’s largest supplier, with the output accounting for 22.78%. Due to the eurozone debt crisis and the weakened economic resumption of America, the demand of global tantalum industry was still at a low ebb between 2012 and early 2013. The expectation shows that the global tantalum ore output would be no more than 700 tons in 2012.
In 2012, there were scarcely new tantalum ore projects being put into production. And new projects built before 2012 are expected to be put into production after 2013 in a successive way. In particular, the tantalum ore projects expected to be put into production in 2013 include: Egypt’s Abu Dabbab project (650,000 pounds of Ta2O5), Malawi’s Kanyika project (200 tons of Fe-Nb and 400,000 pounds of Ta2O5) and Canada’s Crevier project (178,000 kg Ta2O5).
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With the restart and expansion of major tantalum mines worldwide, the supply is anticipated to see significant growth.
Given the overall downturn in market demand, Ningxia Orient Tantalum realized the revenue of RMB1.843 billion in 2012Q1-Q3, and its net income hit RMB76.4 million, down 3.06% and 61.65% year-on-year, respectively. However, the demand in downstream electronic industry is projected to revive in the wake of the global economic recovery. In addition, coupled with the gradual capacity release of its own fundraising projects, the profitability of the company will be to some extent improved in the upcoming years.
Major Fundraising Projects of Ningxia Orient Tantalum Industry (RMB mln)
The report highlights the followings:
Reserves, output, price, ongoing projects/expansion projects, demand and development outlook of tantalum ore worldwide;
Reserves, development status quo, import & export, price and key applications of tantalum ore resources in China;
Output and sales volume, development status quo and downstream consumption fields of tantalum capacitors in China;
Two major tantalum producers worldwide and seven leading Chinese industrial players;
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