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Chinese rhenium APR prices stable on high costs, but sales are slow

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Tasman Metals Ltd
Introduction
Tasman Metals LtdTasman (TSX.V : TSM; Frankfurt : T61) is a Canadian mineral exploration company focused on Strategic Metals with highly prospective rare earth elements (REE's) and iron ore projects in Sweden, Finland and Norway. Tasman's exploration portfolio is uniquely placed, with the capacity to deliver "high-tech" metals from politically stable, mining friendly jurisdictions with developed infrastructure.

Global demand in 2009 forecast at 135 Mt pa REO, of which 95% will come from China. European supply has not been secured, such that high-tech industries in EU remain fully exposed to Chinese output. EU countries risk running out of these highly sought metals, amid growing evidence that China is set to choke off exports to promote domestic value-adding. Failure to secure alternative long‐term sources of REE’s would affect the manufacturing and development of low‐carbon technology, which rely on the unique properties of the REE’s to mass‐produce eco‐friendly innovations.
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Year established : 2008
Turnover : up to $5.000.000
No. of employees : 5-9
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