Tantalum and niobium and niobium iron ore market price movements closely, the steel market downturn has a direct view of the tantalum-niobium ore prices affect steel demand for ferro-niobium, then the supply of iron niobium, tantalum and niobium ore is bound to drive prices . Conversely, less demand for steel, niobium, iron consumption in the doldrums, then tantalum-niobium ore prices will be affected. Tantalum-niobium ore prices also directly linked with the international market, foreign price changes will directly affect the domestic price of tantalum and niobium.

Recently, the domestic tantalum-niobium ore supply, and increasing demand, so to stimulate the tantalum-niobium ore prices are rising, however, the market volume less exhausted the supply of the Congo, Eastern Congo region by the government recently banned mining. Tantalum ore spot market price has exceeded $ 100 / pound, the first quarter of next year tantalum ore prices have risen to about 120 U.S. dollars / pounds. Shanghai Stock Exchange stock quotes 750-800 niobium (yuan / kg). Tantalum-niobium ore prices have risen to 150,000 yuan / ton. According to the Mine Secretary of the net to understand, tantalum-niobium ore prices have room for growth.

According to industry analysts, said it expects the current inventory of tantalum after two years the limit. The global tantalum demand next year and will reach 6 million pounds in 2007, the level of 2008 and 2009 to 400 million pounds.

China is the world's niobium, tantalum, lithium, beryllium and other metals richest countries in mineral resources. China's lithium, beryllium, niobium, tantalum ore reserves in the world are the first two ranks. Tantalum ore distributed in 13 provinces (regions) of the 92 mines, total reserves Ta2O5 8.4 million tons, ranking first in the world; from regional distribution, most abundant tantalum Jiangxi, Inner Mongolia, Guangdong, followed by the three provinces together account for tantalum reserves 72.5%.