Saturday, May 10, 2008

Coltan

One of the best articles I've read on Coltan. Basically, Coltan is the new blood diamond. It is a metal mined in places like Canada, Australia, and the Congo for tantalum. Tantalum is used in hi-rel capacitors because of it's great thermal properties. It is used in cell phones and laptops. Demand has forced the US gov to keep reserves. Price has gone way up and so has the fight for profits. Congo has been victim to internal and external profiteers, resulting in bloodshed, humanitarian and environmental crises, and little attention from the international community. Many companies including vodaphone and nokia have spoken to their supply chain to stop using the metal in their capacitors, and US-based Kemet is swearing that all coltan is from the non-Congo region. 

1 comment:

Shauner said...

A good follow up article shows what has happened to the industry in the past few years:

http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=23554795&l=0&r=0&s=CCE&t=list