Chromium

Platinum chromium stent system approved by FDA

Rare Industrial Metal - Chromium

Boston Scientific announced that its next-generation everolimus-eluting platinum chromium coronary stent system was approved for the treatment of patients with coronary artery disease.

The PROMUS Element Plus Everolimus-Eluting Platinum Chromium Coronary Stent System (Boston Scientific) was designed specifically for coronary stenting. It utilizes a proprietary platinum chromium platform, enabling thinner struts and enhanced visibility and making the stent more comfortable with less recoil and higher radial strength, according to the company.

The FDA approval was based on the PLATINUM clinical program, which included five multicenter studies that comprised more than 1,800 patients worldwide. Clinical outcomes supported the safety and effectiveness of the PROMUS Element stent at 30 days and 9 months, with low rates of incomplete stent apposition and demonstration of acute procedural benefits. When compared with the PROMUS stent for the treatment of de novo coronary artery lesions, the PROMUS Element stent demonstrated clinical noninferiority and procedural benefits of reduced rates of geographic miss and unplanned stenting, according to previously released data

“The clinical results we observed with the PROMUS Element stent compared with the PROMUS stent in the large-scale PLATINUM Workhorse trial, including extremely low rates of stent thrombosis, demonstrate that excellent clinical outcomes are achieved with this novel coronary stent system,” Gregg W. Stone, MD, professor of medicine and director of research and education at the Center for Interventional Vascular Therapy at Columbia University Medical Center/New York-Presbyterian Hospital, said in a Boston Scientific press release.

Currently, the PROMUS Element stent system is offered in a matrix of 74 sizes, ranging in diameter from 2.25 mm to 4 mm and lengths of 8 mm to 32 mm. Additional stent lengths of 32 mm and 38 mm are expected to be available in mid-2012.

Source: http://www.cardiologytoday.com/view.aspx?rid=89872

Chromium, are Nations Hoarding Natural Resources?

Chromium Crystals

Chromium is a topic that you rarely hear about, but in today´s environment of uncertainty and the, ¨Great Worldwide Resource Grab¨, chromium gets more attention. Recently we have the EU and USA going into Libya (oil, lithium), Iraq (oil), Afghanistan (oil pipeline, rare earths), West Africa (cobalt, tungsten, oil, gold, timber and many more). Let us not forget China and the contracts that they are signing all over the world for their natural resource needs. This all makes for some very interesting times for nations and investors alike. Rare industrial metals are no different. Chromium has been in the news so it is time to explain its uses and background.

Chromium was discovered by Louis Vauqelin in 1797. Chromium is a blue-white metal with great corrosion resistance. It has the symbol Cr with an atomic number of 24. Chromium can be polished to form a very shiny surface and is used to plate other metals to form a protective layer.

The main use of chromium is in the production of steel where it is used as a hardener, corrosion resister and helps fight decolorization. Iron and chromium form Stainless Steel which is strong and has a high resistance to heat and decomposition. The two form one of the most versatile and durable metals known in the world. Stainless steel contains approximately 10% chromium. Chromium is also used in paints, coloring in glass, and as a plating agent.

According to the USGS the top producers are South Africa, Kazakhstan and India. South Africa produces almost 50% of all chrome ore. The three countries account for 80% of all chrome ore mined. Approximately 95% of all known reserves are located in Kazakhstan and the southern tip of Africa to include Zimbabwe and South Africa.

The background of chromium is interesting, but today we have a hot topic. India is thinking about a ban on exportation of chrome ore. This is after news out of South Africa that the, ¨National Union of Mineworkers¨, called for restrictions of chrome ore exports to China. It has been speculated that China has been stockpiling chrome ore in order to control future prices. Does this sound familiar? We currently have to deal with the manipulation of the rare earths and rare industrial metals by China. As of October 2011 India and South Africa have not followed through with the plans. The next few weeks and months will be quite interesting, we are seeing an increase in the need for chromium, with a possible decrease in available supply.

Today our world is full of uncertainty. Every day brings us news of something amazing. Governments are under pressure, people are suffering, companies are folding, wonderful inventions, worldwide internet connectivity, and resources are becoming scarce. I have learned that in times like this you can either complain or build a grand future. Many fortunes were made during the US Great Depression. We are living through a worldwide recession, when we come out on the other side natural resources will be needed like never before. Where are you putting your money and future?

By: Randy Hilarski - The Rare Metals Guy

Tantalum Market Has Hard Time

Rare Industrial Metal - Tantalum

LONDON, Aug 26, 2011 (BUSINESS WIRE) — The projected future for niobium producers looks quite positive while the tantalum market will probably experience hard time under conditions of major supply shortfalls. Associated geologically, tantalum and niobium have very different application areas that have impacted the development of both markets significantly during the crisis period.

The recent mine closures have cut global tantalum supply by around 40% and demand for the material is forecast to increase by only small index. However tantalum has valuable advantages over its competitive materials and is widely used in the manufacture of electronic capacitors.

For niobium the forecasts are that as end-users bring back their suspended capacity the demand will reach healthy growth rate. Although given the fact that the output of the material is enough to cover the projected consumption, there is little prospect of investing into the industry in future.

Detailed review and outlook on global, regional and country markets of tantalum and niobium can be found in the new market research report “Tantalum and Niobium (Columbium) Market Review” that presents in-depth discussion of the present market landscape, historical background and future forecasts for the markets and features topical data showing tantalum and niobium capacities, production, consumption, trade statistics, and recent prices (globally, regionally and by country).

Report Details:
Tantalum and Niobium (Columbium) Market Review Published: February, 2011 Pages: 63 http://mcgroup.co.uk/researches/tantalum-and-niobium-columbium

The research covers insightful information on tantalum and niobium major marketers - producers and suppliers, features data on tantalum and niobium production, consumption and trade in the reviewed countries, tantalum and niobium prices. Market outlooks through 2016, showing projected tantalum and niobium market volumes and prices, are also reviewed.

The report on tantalum and niobium has been worked out by Merchant Research & Consulting Ltd, an internationally recognized market research agency, specializing in chemical industry. “Tantalum and Niobium (Columbium) Market Review” is included into the catalogue “Metals”, which also incorporates studies on Aluminum, Antimony, Beryllium, Chromium, Copper, Iron and Steel, Lead, Magnesium, Mercury, Titanium markets.

SOURCE: Merchant Research & Consulting Ltd.
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