The tantalum concentrate market continued to move higher at the beginning of February, following a slow start to the year, amid supply worries caused by lockdowns in Rwanda and renewed end-user demand, market sources told Fastmarkets.
Fastmarkets assessed the price of tantalite, basis 25% min Ta2O5, cif China at $63-65 per lb on Friday February 5, unchanged from the previous week's assessment but up 16.4% from $52-58 per lb on January 1.Supply tightness and concerns about obtaining material during the latest Covid-19 lockdown in...