![]() It got to around $8,500 per tonne and then plunged again to around $5,500. This new application may be its own undoing if the price of the metal goes too high and unravels the economics.Īfter a price slump that lasted several years, and sank the prospects of several Antimony wannabes, the price of Antimony started to uptick in 2016. ![]() The potential here is for a quantum surge in demand. ![]() Is the metal strategic? Thus far it does not have the type of sexy applications that other high-tech metals possess, but it is still a key component in the things it is used for such as fire retardants and its historical application as an alloy used to harden Lead in ordnance/ammunition and Lead-acid storage batteries.Īnd now the latest new technology to utilize the metal is Antimony molten salt batteries for mass storage. It then processes this imported ore/concentrate and manages to hold a still dominant position in processed end-product Antimony Trioxide and other products. China now finds its domestic share of global production plunging and to prop up its dominance it has become a leading importer of artisanal and “conflict” ore from all around the world. ![]() However, like so many other resources this was squandered through overproduction, predatory pricing and high-grading. Written by Christopher Ecclestone for Investor Intel and published on June 21, 2021Ĭhina has a very strong position in Antimony and long has had. Indeed this is the metal it has been dominant in for the longest. ![]()
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