Antimony26 Feb 2025 15:49
Antimony is a critical mineral sourced from stibnite (Sb2S3). Spot prices have risen as demand increases with its essential input into applications across renewable energy, liquid battery metals, defence and technological sectors.
Due to its scarcity and limited supply, predominantly controlled by China, Russia & Tajikistan, antimony is considered a strategic material essential for supply-chain security, particularly during periods of geopolitical instability.
Reflecting heightened demand, the price of antimony continues to reach new highs, in February, 2025 trading over US$50,000 per tonne, a significant increase from US$11,350 per tonne at the start of 2024.