BCNC is showing strength. This is interpreted as being influenced by news that India is considering banning exports of key minerals as demand for these minerals increases due to the expansion of electric vehicles.
As of 1:55 PM on the 21st, BCNC is trading at 16,840 KRW, up 3.76% compared to the previous day.
According to industry sources and foreign media, the Indian government is reportedly considering an export ban on four major key minerals?lithium, beryllium, niobium, and tantalum?to secure domestic supply of important minerals.
This is because the mineral sector holds a significant role in national economic development and national security. The Indian government is strategically fostering the electric vehicle industry.
Meanwhile, BCNC received technology transfer for tantalum (Ta) powder manufacturing from the Korea Institute of Industrial Technology last year and is currently developing materials. The transferred technologies include ▲tantalum powder manufacturing technology ▲tantalum carbide powder manufacturing technology for cemented carbide ▲tantalum ingot, wire, and semiconductor sputtering target manufacturing technology ▲tantalum smelting technology ▲electron beam melting technology, among others.
BCNC plans to develop products ranging from tantalum powder manufacturing to metal material production and tantalum targets using these technologies. In particular, the company aims to internalize 100% of the entire process and establish a unique integrated production system worldwide.
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