Video Response for Mar. 12

Sixty-four percent of the world’s reserves of coltan (used to produce tantalum) are in Democratic Republic of the Congo (DRC), a nation racked by poverty and war. Rapidly increasing consumption of electronics in developed nations since 2000 have depleted tantalum stockpiles. Coltan prices soared to $500 per pound, as free-market forces sought to correct the balance of supply and demand. For the Congo, the huge supply of coltan has proved to be a curse rather than a blessing…explain why you think this is the case.