Global Advanced Metals and Talison reach settlement over Greenbushes mine

06-Mar-2019 Intellasia | | 9:37 AM Print This Post

Wellesley, Massachusetts & Perth, Western Australia, 6 March 2019: Global Advanced Metals (GAM) is pleased to advise that GAM and Talison Lithium have reached an agreement that enables GAM to continue to increase its tantalum production at the Greenbushes mine in Western Australia.

The agreement enables GAM to significantly expand its processing of GAM-owned tantalum concentrate at its secondary processing plant at Greenbushes, using tantalum derived as a by-product of lithium mining at Greenbushes, while continuing its expansion of tantalum by-product processing from other lithium mining locations in Western Australia.

This tantalum concentrate will be further processed at GAM’s U.S. and Japanese manufacturing facilities to provide GAM customers and downstream consumers with long term stable supply of the highest quality and latest technology finished tantalum products.

“GAM and Talison have a long established and very good working relationship at Greenbushes, and we are pleased that we have reached an agreement,” said GAM CEO Andrew O’Donovan.

“The Greenbushes mine plays a vital role in GAM’s supply of responsibly and ethically sourced tantalum, for use in capacitors, semiconductors, engine turbine blades, chemical processing equipment, medical implant and other critical applications.”

According to GAM’s Greenbushes Operations Manager, Ross Cook, GAM is currently expanding its workforce at the Company’s Greenbushes secondary processing plant, and that expansion will continue throughout 2019.

About Global Advanced Metals (GAM)

A leading conflict-free tantalum producer, GAM has exclusive rights to the world’s largest industrial resources of tantalum ore located in Western Australia.

GAM produces conflict-free tantalum powders and metallurgical products at its downstream processing plants in Pennsylvania, USA and Aizu, Japan for a range of critical applications in industries including electronics, aerospace, automotive, medical and chemical processing.

GAM’s processing facilities are certified Conflict-Free through the Responsible Minerals Assurance Process (RMAP) of the Responsible Business Alliance (RBA). GAM was the first supplier of any metal type to be certified Conflict-Free in 2010.

About Tantalum

Approximately 40% of tantalum is used in the manufacture of tantalum capacitors, small battery-like components found in many high volume electronic devices such as smartphones, tablets, laptops and other consumer devices, as well as in the powertrain or safety management control devices of automobiles. Tantalum capacitors are used where the greatest amount of performance is required from the smallest possible package and / or where long term reliability (often in harsh operating environments) is essential. Other uses for tantalum include semiconductor manufacture (15% of use) and as a super alloy in the manufacture of aircraft and wind turbine engine blades (20%).

About Greenbushes

Greenbushes is located in the South West region of Western Australia and is a well-known major lithium and tantalum production site. Talison Lithium holds the lithium rights at Greenbushes, with all other mineral rights reserved to GAM under an agreement between the two companies.


(Source: FTI Consulting, Strategic Communications Perth)


Category: FinanceAsia

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