D Block Metals News & Information

According to Technavio’s prediction, the tungsten market is set to grow at a Compound Annual Growth Rate (CAGR) of 7.11% between now and 2028.

Looking ahead, forecasts project a continuous uptrend for Tantalum, with demand expected to surge from 1887 tonnes annualy in 2021 to at least 2,440 tonnes by 2028.

Mined predominantly in regions with relaxed environmental regulations, the extraction of cobalt has raised issues related to deforestation, water pollution, and hazardous working conditions.

Niobium is often extracted as a byproduct of other mining operations, such as tantalum extraction. By recycling niobium from scrap, we minimize the environmental impact associated with extraction processes.

The Scrap Metal Recycling Market size was valued at USD 58.49 Billion in 2021 and is projected to reach USD 112.94 Billion by 2030, growing at a CAGR of 7.58 % from 2023 to 2030.

By enhancing the energy efficiency of microelectronics, hafnium oxide can help reduce the energy demands of internet and communication technologies, making our digital world more sustainable for future generations.