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Coltan Deposits in Kenya
February 4 , 2024
165 days
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- Kenya has confirmed the discovery of its first coltan deposits.
- Coltan, short for columbite-tantalite, is a valuable mineral that is used in various industries.
- Tantalum, derived from coltan, is used in the production of capacitors.
- The global demand for coltan is rapidly increasing, and its price, averaging $48 per kg, depends on the tantalum content.
- The Democratic Republic of Congo holds more than 70% of the world's coltan reserves.
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