'Tantalite prices seen picking up as Wodgina shuts
LONDON (Metal-Pages) 30-Jan-12. Tantalite prices are expected to start moving up again after the Chinese New Year, trade and industry sources said. The market may see no instant reaction to the closure of Global Advanced Metals' Wodgina mine, but this is expected to help stabilise prices at about $110-120/lb later in the year. Prices had fallen to around $100/lb in the run-up to ...'
The above from Metal-Pages, I'm not a subscriber, but the gist of the opening lines is that the removal of Wodgina output from the supply chain will eliminate the recent over supply issues, in the coming months.
For every action there is an equal and opposite reaction.
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