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Investing in Tantalum and Niobium Projects in Western and Eastern Canada
Update Time : 2014-05-26 View : 4969
Investing in Tantalum and Niobium Projects in Western and Eastern Canada
Rare earth mineral exploration companies with a focus on rare earth elements and tantalum and niobium are offering highly viable investment opportunities. Due to the vast uses and applications of these elements, there has been a surge in demand since 1995. As a result, large worldwide corporations have based the majority of their companies around manufacturing and selling goods and services that require the use of either tantalum or niobium and their various alloys.
In turn, rare earth mining companies that have commenced various projects in the western and eastern regions of Canada are garnering much interest from the investment community. These companies are a varying stages of development. Those that are well-funded and can boast excellent infrastructure are receiving significant attention.
Why Tantalum?
The various applications and uses of tantalum make it a highly demanded resource throughout the world. As opposed to other markets, tantalum does not trade as a commodity in recognized metal markets. As a result, it is traded in negotiated markets and this gives the suppliers considerable power during an up market.
With the ever-growing advances in technology, more and more companies that work with computer hardware and in the wireless industry depend on tantalum. As a result, the market is on a steady incline.
The electronics industry uses tantalum in its powder form and in wires for capacitors, as it is capable of storing and releasing electrical energy. As a result, it is highly employed in the development of exceptionally small data storage devices and implantable medical devices.
Tantalum and its alloys are applied in the making of a wide range of products that remain in constant demand. It can be found in the following:
  • Digital cameras
  • Video cameras
  • Laptop computers
  • LCD/Plasma televisions
As a result of its various uses, investors are looking to become involved with rare earth exploration companies that are showing excellent potential in their tantalum projects.
In addition to the many applications of tantalum, countries such as Canada and Australia are seeing a surge in exploration for rare metals such as tantalum. The political climate of Africa has caused many investors to alter their purchasing decisions by supporting mining companies based that are not active in areas where conflicts exist. Various factors such as civil war and the exportation of minerals and diamonds as a means of funding the military have caused controversy.
Niobium
Rare earth mining companies with a focus in niobium are also garnering the interest of the investment community. Niobium is another widely used element that is depended upon by a wide range of industries. There are a variety of different uses of niobium:
  • Medical
  • Metallurgy
  • Automotive
  • Electronics
  • Aerospace Industry
Niobium is used in the making of stainless steel and high-strength, low-alloy steels. Once these steels are made, they are employed in the making of large-diameter pipelines that are used for oil and natural gas, as well as in the frames and wheels of cars and trucks.
Investing in rare earth companies that have well-funded tantalum and niobium projects underway is proving to be a wise and exciting financial opportunity.

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