KEMET Says Not Impacted By Closing of Global Advanced Metals' Tantalum Mine
KEMET Corporation (NYSE: KEM) today announced that there will be no negative impact on the Company's tantalum powder supply as a result of the recent closing of Global Advanced Metals' Wodgina, Australia tantalum mine.
KEMET has strategically diversified its raw material sources in an effort to prevent any one supplier from causing disruption to the Company's supply chain. Additionally, KEMET's recent agreement to acquire Niotan, a tantalum powder manufacturer in Nevada, USA, solidifies the Company's efforts to bring stability in this market. By achieving complete vertical integration from the sourcing of tantalum ore through the manufacture and sale of tantalum capacitors, KEMET is exhibiting its long-term commitment to this technology and its customers.
