Stock code:002738

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Sinomine (HK) Rare Metals Resource Co., Ltd.

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Tantalum Mining Corporation of Canada Limited (TANCO)

2021-07-11

Tantalum Mining Corporation of Canada Limited (TANCO) is a mining company and manufactures lithium and fine ceslum chemical products, It is located at Bernic Lake, Manitoba. Being a pioneer in Lithium and fine cesium chemicals production, TANCO continues providing high-quality lithium products and fine cesium chemicals globally. Due to the scarcity of pollucite resources and high technical barriers in the industry, there are only a few cesium chemical producers in worldwide. But Tanco’s cesium chemical products are complete in variety and of high quality. Tanco owns the world's largest and operating pollucite mine, which is one of the largest known lithium-cesium-tantalum deposits in the world. In addition, it also has rich lithium resources. Ever since 1987, Tanco has devoted to lithium mining and processing, Li2O≥7.0%. Currently, Tanco has a spodumene mining and dressing system with a processing capacity of 120,000 tons per year, and is actively promoting the open-pit mining plan in the mining area. The feasibility study of a new concentrator with a processing capacity of 500,000 tons/year is in progress.

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