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Rwandan Tantalum Income Drops on Weaker Prices
Rwanda has experienced a decrease of roughly one fifth in mineral exports due to decreased tantalum prices. The country played an important role in global tantalum production in 2012, according to Bloomberg.
Rwanda has experienced a decrease of roughly one fifth in mineral exports due to decreased tantalum prices. The country played an important role in global tantalum production in 2012, according to Bloomberg.
As quoted in the publication:
Revenue from tantalum dropped to $40.9 million in the first six months of the year from $69 million in the same period of 2013, while sales of cassiterite, or tin ore, fetched $38.8 million from $31.4 million. Wolfram, which contains tungsten, earned $13.8 million, down from $14.4 million.
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