Prices of aerospace material tantalite hit two-year highs on Congo unrest
Tantalite prices hit two-year highs in Europe last week, driven by supply disruptions stemming from tensions in Democratic Republic of Congo (DRC), the world's leading producer of the mineral that supplies the electronics and aerospace industries. Tantalite is trading in a $100/lb to $105/lb range on the European spot market, its highest levels since April 2023 and a 25% increase since unrest started in January.
Tantalite prices hit two-year highs in Europe last week, driven by supply disruptions stemming from tensions in Democratic Republic of Congo (DRC), the world's leading producer of the mineral that supplies the electronics and aerospace industries. Tantalite is trading in a $100/lb to $105/lb range on the European spot market, its highest levels since April 2023 and a 25% increase since unrest started in January.
