KEMET Tantalum Ore Supply Not Affected by Dar Es Salaam Mineral Thefts
GREENVILLE, S.C., Feb. 7, 2013 /PRNewswire/ — KEMET Corporation (NYSE: KEM), a leading manufacturer of tantalum, ceramic, aluminum, film, paper and electrolytic capacitors, today announced its supply of tantalum ore is not affected by the mineral thefts in and around the port of Dar Es Salaam, which are reportedly impacting the supply of tantalite.
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“KEMET has taken significant actions over the past two years to develop a closed-pipe, vertically integrated conflict free tantalum supply line,” stated Per Loof, KEMET’s Chief Executive Officer. “We are now involved in the process from the sourcing of the tantalum ore all the way through to the delivery of capacitors to our customers. This helps to safeguard our supply from these types of issues, which in turn provide greater stability for our customers,” continued Loof.
KEMET’s common stock is listed on the NYSE under the symbol “KEM.” At the Investor Relations section of our web site at http://ir.kemet.com/, users may subscribe to KEMET news releases and find additional information about our Company. KEMET applies world class service and quality to deliver industry leading, high performance capacitance solutions to its customers around the world and offers the world’s most complete line of surface mount and through-hole capacitor technologies across tantalum, ceramic, film, aluminum, electrolytic, and paper dielectrics. Additional information about KEMET can be found at http://www.kemet.com.
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Contact: Dean W. Dimke
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SOURCE KEMET Corporation