IMC Projects; ~ “Prime Tantalum Ore Deposits For Mining Coltan”.

26th January 2010 - IMC Projects, a mining corporation privately run and based in Malaysia, announces it’s ‘Coltan Strategic Plan’.

Columbite-Tantalite ore, in significant quantities, was discovered during routine tin-mining operations on land that was initially primed for more traditional mining activities~ tin mining.

IMC Projects discovery presents a unique and exciting opportunity for the long established IMC Projects as the rare metallic ore ‘Columbite Tantalite’ is currently experiencing a surge in global demand, and a marketing pricing structure that parallels the demand in the face of unstable supply chains of “Coltan”.

Columbite-tantalite – ‘Coltan’ is the natural form responsible for all of today’s high-tech gadgets. Nokia Cell phones, Blackberry smart phones, HP laptop computers, Sony digital cameras are, to name but a few, place a huge demand on these mined resourses due to the eventual properties offered by these refined forms of Coltan.

Coltan~ the most widely used form of refined Columbite-tantalite~ refines to a metallic powder known as “Tantalum” which is the main ingredient in almost all manufactured electrical goods and components.

“iPhones” and your “Blackberry” would not work without an electric capacitor, and the Tantalum based capacitors due to the unique heat resistant and conductive properties required to power our mobile world would not be possible unless Columbite-tantalite – ‘Coltan’ is mined by companies such as IMC Projects.

Coltan trading and since electronic capacitor demand began in the mid-1990’s, has ranged from $44/lb to an all time high of $275/lb during the middle of 2000. ‘Sony Playstation 2’ hit the market with an almighty bang.

Coltan supply is scarce. ‘Conflict Coltan’ -the supply from Africa-where humanitarian exploitation has taken parallels with ‘Blood Diamond’ activities in years gone by has caused giants such as “Apple Inc.” and “Sony”, now refuse to use conflict materials to avoid their responsible images from being tarnished by ‘Conflict Coltan’.

IMC Projects and ‘Coltan Strategic Plan’ published by IMC Projects, details all the steps that you would expect from an experienced tin-mining operation such as IMC Projects.

IMC Projects, formally Indo Mining Plc, founded in 2001 is a privately held group owned by its management, stakeholders and employees. Headquartered in Kuala Lumpur, Malaysia, IMC Projects employs over 500 people in its mining operations and is the largest independent supplier of tin ore in the whole of South East Asia.

As the largest privately held mining company in Malaysia, IMC Projects own the rights to 138,000 hectares of land and have a total of 23 mining licenses in the Bangka Belitung Province in the South East of Indonesia.

Traditionally a tin mining company, IMC Projects engages in the exploration and mining of tin ore with an annual supply capacity of 7,000 tons. Combining our internal mining strengths with our vast measure of rich mining land, the company continues to provide the local community with modest employment opportunities under the safety and security of our well established business model.

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This release was published on openPR.