Germanium is rare commodity which plays vital role in U.S. military's
capabilities as used in infrared sensors
CHIHUAHUA, Mexico, March 5 /PRNewswire/ -- When you hear the word 'germanium,' do you conjure up visions of flowers? If so, you're not alone as most people confuse this obscure metal with the flowering plant 'geranium.' Germanium is a commodity that is primarily mined and produced by just a handful of relatively large companies worldwide. War Eagle Mining, http://www.wareaglemining.com, based in Vancouver, Canada, competes in the germanium sector against global companies including Teck Cominco and Umicore.
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While this minor by-product is obscure, germanium plays a significant role as a lifesaving commodity that is a vital part of the U.S. military's capabilities as well as important to the telecommunications (in the form of fiber optics) and semiconductor sectors.
Germanium, one of the most important of the advanced electronic materials, is used in semiconductor devices, fiber optic systems, and infrared sensors for ships, aircraft, missiles, tanks and anti-tank units. Because of its importance in these applications, germanium was added to the National Defense Stockpile in the early 1980s. Germanium is playing an increasingly important role to consumers. While traditional roles of night vision were reserved for the military, now, luxury automobiles including General Motor's Cadillac and the BMW are benefiting from offering night vision as an option on new vehicles.
"The recent germanium interest by investors has been triggered by China who have a global strangle-hold on supply," says Keith Knobelauch, Germanium Analyst for Murdock Capital http://www.murdockcapital.com in New York City.
War Eagle Mining geologists are exploring the underground workings of the former producing Tres Marias zinc/germanium Mine in Mexico for a mineral deposit with the goal of taking the mine back into production. For more information, please visit: http://www.wareaglemining.com SOURCE War Eagle Mining
-0- 03/05/2008