Taniobis to invest €28M in facilities to enable production of tantalum powder
March 23, 2022
Taniobis GmbH, Goslar, Germany, an affiliate of JX Nippon Mining & Metals Corporation, reports that it will invest a total of €28 million to expand facilities for the manufacture of tantalum powder at its Map Ta Phut plant in Thailand. The investment will significantly increase its production capacity for tantalum powder, with operations expected to begin in 2025.
Demand for tantalum powder is reported to be steadily growing due to demand for mobile devices and telecommunications infrastructure.
“Given present circumstances, demand for the product is projected to continue rising, and fulfilling this demand with existing facilities alone is likely to become difficult. Thus, Taniobis has decided to sharply boost its production capabilities for the product,” stated Kazuhiko Iida, CEO of Taniobis.
As well as augmenting overall production process capabilities for tantalum powder, the facility plan includes the construction of a new building for analysis work for the strengthening of quality control systems. Taniobis states that it will also build new development and trial facilities and strengthen systems to efficiently respond to customer needs.