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Mantis announces significant tantalum grades at its Case Pegmatite projectalong with multi
Tantalum is a rare metal with numerous growing applications. This high performance metal’s largest application (65%) is in the electronics capacitor industry in such products as cell phones, DVD players, personal computers, digital cameras, gaming platforms, LCD monitors, wireless devices, telephone switch boards, and computer networks. Other applications include PC memory chips, igniter chips for car air bags, super alloys for jet engines, turbines, space vehicles, nuclear reactors, power plants, carbides for cutting tools, drill bits, silicon wafers, ink jet printers, x ray film etc. Demand has been steadily increasing over the last 20 years by some 7% annually.
Prices are quoted in terms of pounds of Ta(2)O5. Prices are in the range of $50 per pound.
Lithium’s biggest application is in the new generatio Oakley Sunglasses Outlet n light weight, high charge batteries used in computers, mobile electronic devices and power tools. Another major use for lithium is in the ceramic and glass industries.
Lithium prices are difficult to establish as they are negotiated per contract basis. Spodumene concentrate (greater than)7.25% Li(2)O sells in the range of $650 $700 per tonne, while lithium carbonate expressed as Li(2)CO(3) sells in the range of $2.50 $3.00 per pound.
Gallium is primarily used (70%) in integrated circuits. Opto electronic devices, including laser diodes, LED and solar cells, represented 30% of gallium demand. Analysts estimated that the Gallium market will gen Oakley Sunglasses Outlet erate revenues of $3.5 billion this year.
Prices remain in the $450 $500 per kilogram range.
Beryllium metal is used for lightweight structural components in the defense and aerospace industries. Beryllium is also used as an alloying agent in the production of beryllium copper used in electronics.
This news release has been viewed and approved by Walter Hanych, Senior Geologist and Project Manager, who is a Qualified Person as d Oakley Sunglasses Outlet efined by National Instrument 43 101 and is responsible for program design and quality con Oakley Sunglasses Outlet trol of exploration undertaken by the Company. While these assays do not conform to National Instrument 43 101 they are generally considered reliable according to local industry standards. Metallurgical recoveries are unknown at this time.