Welcome to Noventa

Noventa's strategy is to be the world's largest, low cost industrial scale supplier of tantalum concentrate, a rare speciality metal widely used in the consumer electronics industry.

The Jersey based Company's Marropino mine in Mozambique is in the final stage of ramp-up to full production with the second mine, also in Mozambique planned to commence production in 2010. Noventa anticipates annualised production of approximately 900,000 pounds of tantalum concentrate by 2011, making it the largest supplier in the world.

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Tantalum Markets

Pure tantalum is characterised by its high melting point, its exceptional resistance to chemical attack, its capacity to store and release electrical charge and its corrosion resistance. These unique chemical properties have led to its widespread use in the electronics industry, mainly as powder and wire for capacitors in telecommunications devices and implantable medical devices. Tantalum also goes into the manufacture of super alloys, imparting strength and high-temperature resistance against cracking, for use in aerospace and energy generation.

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Country Profile

Mozambique has experienced one of the world’s most rapidly growing economies over the past five years. Its real GDP growth averaged 8.1 per cent over the past decade with decreasing inflation and sustained political stability. Growth has been driven primarily by foreign-financed ‘‘mega-projects’’ in mining, energy and infrastructure, supplemented by large donor aid inflows.

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