The Rose Lithium-Tantalum project, aims to develop a modern mining complex with an open pit to extract lithium and tantalum and concentrate them on site. The project’s expected lifetime is 19 years. It will result in the provision of a quality supply source for these elements, which are prized worldwide.
Indeed, the growing demand for lithium is particularly felt by battery manufacturers: those who supply the increasingly successful hybrid and electric car market as well as those who deal with other applications, including renewable energy storage technologies.
As for tantalum, it is a highly corrosion-resistant ore and a good substitute for platinum. It is primarily used in manufacturing capacitors for electronic devices, such as mobile phones, DVD players, video game consoles and computers. It is also extensively used in the construction, medical, automotive and military sectors.