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Reuters reports tantalite spot price could rise to US$120 per pound next year.
Reuters reports tantalite spot price could rise to US$120 per pound next year.
The market news is quoted as saying:
Prices for tantalite TANT-LON, which is used to make tantalum metal for iPods and BlackBerry smart phones, have soared by about 150 percent this year. The minor metal traded at about $87.50 a lb on the European spot market, well below $36 a lb hit in January.
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Click here to access tantalum company profiles.