China Business Intelligence Network News: The tantalum-niobium metallurgical industry refers to the industry that manufactures tantalum-niobium metallurgical products from tantalum ore and niobium ore. Tantalum is a dark high-density stretchable solid at room temperature, a corrosion-resistant rare metal with good thermal conductivity and electrical conductivity. Niobium is a soft gray malleable solid, corrosion-resistant rare metal with a high melting point.

In recent years, the Chinese government has launched a series of policies and initiatives to encourage the development of the tantalum and niobium metallurgical industry. In 2015, the Chinese government issued "Made in China 2025" to encourage investment in the research and development of advanced technologies for the production of tantalum and niobium metallurgical products, and to promote the development of the tantalum and niobium metallurgical industry. In September 2016, the National Development and Reform Commission, the Ministry of Finance and the Ministry of Commerce issued a catalogue of technologies and products encouraged to import, and tantalum and niobium special alloy technology and coating technology were included in the catalogue. In addition, the Ministry of Industry and Information Technology issued the "Thirteenth Five-Year Development Plan for the Nonferrous Metals Industry" in October 2016, increasing investment in research and development of major manufacturers in China's nonferrous metal industry.
 

China's tantalum oxide market scale will exceed 400 tons

According to the "2017 China Tantalum and Niobium Metallurgical Industry Research Report" by the China Business Industry Research Institute, the market size of China's tantalum oxide reached 372.7 tons in 2016, of which high-purity tantalum oxide was 134.2 tons; industrial grade tantalum oxide was 238.5 tons. With the recovery of many downstream industries such as the aerospace industry, aviation industry and high-end electronics industry, driven by the favorable policies of the Chinese government, it is expected that the market size of China's tantalum oxide will exceed 400 tons in 2017, reaching 412.6 tons. The market size will continue to grow steadily.
 

China's niobium oxide output will exceed 400 tons

The data shows that in 2016, the scale of China's niobium oxide market reached 1,865.7 tons, of which high-purity niobium oxide was 429.1 tons and industrial-grade niobium oxide was 1,436.6 tons. With the favorable policies of the Chinese government and the development of downstream industries such as high-speed trains, aviation and aerospace, the market size of niobium oxide in China is expected to exceed the 2,000-ton mark in 2017, reaching 2,044.9 tons.
As China increases investment in research and development of new materials, various innovative materials are developed from tantalum and niobium metallurgical products. The application scenarios of tantalum and niobium metallurgical products will continue to expand, and the market demand will increase rapidly, promoting China's tantalum and niobium metallurgical industry to become benign direction of development.
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