Member Info for smkr

War metals

Tantalum ore prices have recently surged to historic all-time highs of approximately US$225/lb (c. US$500,000 per metric tonne of Ta2O5 contained), compared to US$95/lb from just four months ago with gross margins increasing accordingly. This sharp appreciation reflects a tightening supply environment combined with accelerating demand from advanced electronics, military, AI infrastructure, and high-performance manufacturing sectors. Given the accelerating price, 10 mts of 30% grade Ta2O5 CIF China is valued at approximately $1.5 million USD.

Aterian PLC - minerals exploration and trading in Africa, including copper-silver projects in Morocco and Botswana and an exploration licence in Rwanda - Rwanda subsidiary Eastinco Ltd begins trading and export operations under its joint venture with London-based metals trading group Wogen Resources Ltd. "The JV is a fully funded, scalable and traceable tantalum trading platform with material being sourced, processed, and transacted in accordance with the updated commercial framework. This has enabled Eastinco to significantly increase trading volumes, capture downstream trading margins, and accelerate cash flow generation, while maintaining full compliance with international responsible sourcing and traceability standards," Aterian says. Additionally, Aterian notes the recent surge in Tantalum ore prices. "This sharp appreciation reflects a tightening supply environment combined with accelerating demand from advanced electronics, military, AI infrastructure, and high-performance manufacturing sectors...In this context, Eastinco has benefited from both the increased trading activity and enhanced margin opportunities as it broadens its procurement network within a disciplined traceability framework," the company adds.

Tantalum £500k per tonne!

Hold war metals during a war, and after! they’ll need to replenish

https://www.telegraph.co.uk/business/2026/03/20/chinese-war-metal-cost-of-missiles/

Https://thatstocksguy.substack.com/p/great-western-mining

At present, raw material shortages in the European, US, and Japanese markets were unlikely to ease in the short term. On the supply side, APT availability in Vietnam and India was also tight, and local APT in Vietnam was basically sold out. Feedback from Chinese traders showed that Chinese enterprises with export qualifications had recently shown stronger willingness to sell, but quotations remained firm, with CIF Rotterdam offers generally staying above $2,900/mtu and mostly requiring prepayment. For outside-China end-users, order progress was slow, and buyers and sellers continued to negotiate over transaction terms. In addition, Chinese export approval and shipping cycles still required 3-4 months, further increasing uncertainty in the supply chain.

https://news.metal.com/newscontent/103832674-SMM-Analysis-What-Drove-Global-Tungsten-Markets-in-March-Offshore-Prices-Up-30-China-Enters-Consolidation

Only 5 grand available then nt. dropped the bid to collect

At some point this is going to fly imo

A very good reminder of what Xinhai have already achieved in Zimbabwe. There’s reason they want in on Dokwe

https://www.facebook.com/xinhaimineral/videos/xinhai_casezimbabwe-500td-gold-mine-epc-project-is-progressing-at-full-speed/1582392493033645/

They’ve basically just told you their plan is to fully JV on Dokwe and fund the production. How that is configured remains to be seen, you can see the deal they did with EST on 19th March, I’d suggest EST aren’t in a decent position to negotiate terms and took what they got. 30/40% of a funded and producing Dokwe for no financial risk would be an incredible deal looking at the target numbers

Https://nai500.com/blog/2026/03/tungsten-prices-continue-to-run-as-middle-east-war-draining-supply/

Wow ok 😮

Nice size..

Others are taking it!

JORC resource Only 10% explored

Development plan: 2.5Mt/a CIL plant

Target: 3t gold per year

that’s around 35,000 ounces right?

GOLD IS PUMPING 😅

Nice find mate..

Here’s the post

https://www.linkedin.com/feed/update/activity:7443174994379194368

The development plan sounds pretty cool 😎

I think sub 1.5 is a cracking opportunity if they get this right

Ey up ducky, we’re are bluer. Eventually this cracks the hangover and 30p / 40p plus is a given

Ey up boys, we’re on the move