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    market news

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    Investing News Network
    Aug. 24, 2011 12:18PM PST
    Critical Metals

    Ratio Magazine reports mining in Rwanda has continued to gain more significance as a source of export revenues.

    Ratio Magazine reports mining in Rwanda has continued to gain more significance as a source of export revenues.

    The market news is quoted as saying,

    Cassiterite (tin ore) had the largest production and export volume at about 3,874 tons valued at USD42.2m in 2010 (although this was a reduction in volumes from 4,269 tons in 2009). It was followed by coltan with 749 tons in 2010 valued at USD18.48m (949 tons in 2009), and wolfram (tungsten ore) with 843 tons in 2010 valued at USD7.1m, down from 874 tons in 2009. The country produces about 9% of the world’s tantalum, used in electronics manufacturing, and about 4% of global tungsten.

    For the complete market news, click here.

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