World reserves

Tantalum in Latin America

Summary: According to a recent report elaborated by the international agency Tantalite-Niobium International Study Center (TIC), South America utilized 285 million pounds of these important minerals in the electronic and aeronautic industry. This corresponds to 40 % of the world reserves of approximately 698 million lbs. Most of these reserves are found in Brazil (Fig. 1), Bolivia, Colombia and Argentina. Existing mining laws regulate the royalties and the limit values of the environmental impact of mining raw materials. However, except for Brazil, none of these countries has the technological capacity to refine the products locally, so they have to export the raw ore to countries such as Germany, United Kingdom, China, Korea and Japan, without any added value.

Bolivia

Although tantalum deposits were first identified in surface studies made in 1996, it was the latest increase in international demand and the increase in price to 60 000 US$/t that recently spurred mining by private companies. According to studies by a British company, Bolivia has potential deposits of tantalite which cover an area of 220 km2; they are located in the departments of Santa Cruz, Beni and Pando in the Eastern part of the country. Currently approximately ten mining companies in the department of Santa Cruz are engaged in exploration and mining operations in the regions of...

Related articles:

Issue 04/2014

Optimism

Mining industry in Brazil

1 Introduction Investor confidence in Brazil‘s economy and financial policies has continued to decline in recent months, even though the country‘s central bank has raised the key interest rate from...

more
Issue 10/2022 Fairtrade project

Mining, processing and sale of tantalum in Liberia

1 Introduction Liberia is a relatively small state on the West African coast with a size of 111 369 km², that is, covering roughly the same area as the German states of Bavaria and...

more
Issue 05/2023 Critical resources

Company insights

1 Critical resources – a situation analysis Hardly any other topic is the subject of so many reports as critical resources. These are mineral resources of key economic importance but subject to a...

more
Issue 11/2018 Trend reversal

Metal ore mining in Europe

1??? Introduction It‘s been over 150 years since Europe dominated the mining industry. Measured by the production of metal ores, Europe still accounted for 62?% of world revenues in 1860. However,...

more
Issue 09/2020 Scarcity of resources

New strategies in raw material extraction

1??????? Introduction Responsible raw material extraction can succeed if the main players in the triangle of conflicting priorities between politics, mining companies and environmental protection can...

more