Small cap tantalum playersHere are some ASX-listed companies with tantalum assets.AVZ Minerals (ASX:AVZ) is sitting on a combined measured and indicated resource for the Roche Dure deposit at its Manono project in the DRC of 269 million tonnes at grades of 1.65 per cent lithium, 816 parts per million (ppm) tin and 36ppm tantalum.That equates to about 9,600 tonnes of tantalum.A “measured” resource represents the highest level of geologic knowledge and confidence and allows a company to start work to convert the resource to a reserve — discoveries that are commercially mineable.An “indicated” resource, meanwhile, provides enough information on geology and grade continuity to support mine planning.The company recently reported that the first phase of its metallurgical test work on Manono ore had achieved encouraging tantalum recoveries that are expected to improve with further work.Read more: AVZ moves to the next stage at the Manano lithium project, aims to release DFS in early 2020Liontown Resources (ASX:LTR) is another company with existing lithium and tantalum resources at its Kathleen Valley project in WA.Recent drilling has highlighted the potential to substantially increase the current resource of 74.9 million tonnes at 1.3 per cent lithium and 140ppm tantalum.The company is currently working on a pre-feasibility study that is scheduled for completion by the end of 2019.
Read more: Cashed-up Liontown reveals aggressive Kathleen Valley development scheduleTantalum is also a by-product of niobium, and Globe Metals & Mining (ASX:GBE) has the Kanyika niobium and tantalum project in Malawi.The company said recently that it is nearing finalisation of a development agreement with the Malawi government that will allow it to move forward with project funding and offtake agreements.The Kanyika project hosts a total resource of 68.3 million tonnes at 2,830 ppm niobium and 135ppm tantalum.
Maybe, someone needs exactly this to invest here.
elsolivars
GBE Price at posting:
2.1¢ Sentiment: Hold Disclosure: Held
