Sb

Antimony

Companies

Key Companies in the Antimony Value Chain

The Antimony industry encompasses at least 6 major companies from junior explorers and mine developers to integrated producers and downstream processors. With annual production of 83,000 tonnes and prices around 38,000-50,000 $/tonne, the Antimony market supports a diverse corporate ecosystem.

Annual Production

83,000

tonnes

Market Price

38,000-50,000

$/tonne

Top Producer

China

48% share

Companies Tracked

6

Major Producers and Processors

The following companies are key participants in the Antimony supply chain:

Hunan Gold Corporation

Producer 002155.SZ
China

One of Chinas largest antimony producers operating mines in Hunan province, the historic center of Chinese antimony production

Mandalay Resources

Producer MND.TO
Canada

Operates the Costerfield gold-antimony mine in Victoria, Australia, one of the few significant Western antimony sources

Perpetua Resources

Developer PPTA
United States

Developing the Stibnite Gold Project in Idaho, which would become the only domestic US source of mined antimony

Larvotto Resources

Explorer LRV.AX
Australia

Advancing the Hillgrove antimony-gold project in New South Wales

Military Metals

Explorer MILI.CN
Canada

Focused on antimony projects in Slovakia targeting European supply security

Campine

Recycler CAMB.BR
Belgium

Major European antimony recycler recovering metal from lead-acid battery scrap

Active Operations and Development Projects

These are the key Antimony operations and development-stage projects associated with the companies above:

Stibnite Gold Project

Perpetua Resources

Permitting (ROD received 2024)
Country: United States Capacity: ~35,000 oz Au + antimony byproduct

Received Record of Decision from US Forest Service in 2024; would be the only US mined antimony source; DOD funding support received

Hillgrove Project

Larvotto Resources

Feasibility
Country: Australia Capacity: 4,000+ tonnes Sb/year

Historic antimony-gold district being revived; one of the largest antimony deposits outside China

Trojarova Project

Military Metals

Exploration
Country: Slovakia Capacity: TBD

European antimony prospect aimed at reducing EU import dependency

Corporate Strategy Trends

Major consumers of Antimony across the flame retardants and lead-acid batteries sectors are increasingly focused on securing long-term supply agreements, investing in supply chain traceability, and supporting new production sources to reduce exposure to the 48% concentration in China.

Return to the Antimony hub page or browse the full Mineral Library.