Weak demand from aerospace sector 'will keep pressure on tantalum'

October 21, 2020 / www.metalbulletin.com / Article Link

Weak demand from the aerospace sector will maintain the pressure on the tantalum sector in the short term, Dharam Kotecha, director at minerals trader Halcyon, said during a virtual conference hosted by the Tantalum-Niobium International Study Centre last week.

"In terms of short-term demand, in what was a buoyant aerospace industry, [Covid-19] will create a big hole when the international travel industry cuts back, airlines fail, capacity is cut and aircraft are retired," Kotecha said.
"As a result, a lot of new scrap sources will be generated. But this will not be retained as closed-loop in-house sourcing because suppliers will need cash," he added.

"Lots of tantalum and niobium scrap will become available," he said, "but this will lead to lack of capacity along the supply line, and...

Recent News

Gold stocks decline on flat metal and mixed equities

October 07, 2024 / www.canadianminingreport.com

Copper price expected to range from flat to slight gain in 2025

October 07, 2024 / www.canadianminingreport.com

China's gold holdings to central bank reserves still low

September 30, 2024 / www.canadianminingreport.com

China has broad effect on gold market

September 30, 2024 / www.canadianminingreport.com

Gold stocks mixed after previous week's huge gains

September 23, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok