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| Antimony |
Antimony is experiencing a major market revival, with prices skyrocketing from US$17,240 to US$60,000 per tonne within a year. Canadian-listed Military Metals (CSE:MILI) has emerged as a first mover, strategically focused on antimony’s critical military and renewable energy applications. With its flagship Trojárová antimony-gold project in Slovakia, the company positions itself at the forefront of Western supply chains, aiming to reduce reliance on China, which currently dominates global antimony smelting and exports.
Australia-based Director Mark Saxon says antimony is the company's core target—not a byproduct—with applications ranging from ammunition and armor to solar glass and flame retardants. Amid increasing demand, geopolitical trade tensions, and shrinking stockpiles, Military Metals is advancing its European exploration and evaluating assets like the West Gore Project in Nova Scotia and the Medvedi-Potok tin project.
Antimony’s strategic profile has risen sharply due to military demand (such as in NATO's 155mm shell production), its use in perovskite solar panels, and post-Grenfell regulations requiring fire-resistant materials. China’s recent ban on antimony exports has created a global scramble for alternative supply, prompting renewed interest in Western-led mining and smelting ventures.
Military Metals is well positioned to fill the supply gap. With a critical metals strategy, strong investor backing, and a focus on safe jurisdictions, the company stands as a key Western antimony play in a market forecasted to remain in deficit for years.
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