Antimony
Projects
Major Antimony Projects Worldwide
The development pipeline for Antimony projects spans exploration through production across multiple jurisdictions. We track 3 key projects that will shape the future supply landscape for this specialty metal.
Current Production
83,000
tonnes
Top Producer
China
48% share
Projects Tracked
3
Reserves
1.5 million tonnes
Antimony Project Pipeline
The following projects represent the most significant Antimony operations and development-stage assets worldwide:
Stibnite Gold Project
Perpetua Resources
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
Historic antimony-gold district being revived; one of the largest antimony deposits outside China
Trojarova Project
Military Metals
European antimony prospect aimed at reducing EU import dependency
Government Support and Strategic Initiatives
Recognizing the strategic importance of Antimony, governments in major consuming nations have launched programs to support project development. These include direct financing, loan guarantees, streamlined permitting, and bilateral resource partnerships. As a USGS-listed critical mineral, Antimony projects are eligible for various U.S. government support mechanisms including the Defense Production Act Title III program. EU Critical Raw Materials Act provisions enable fast-track permitting and financing support for Antimony projects within the EU and partner nations.
Key Industry Developments
Recent developments affecting the Antimony project landscape:
China consolidated antimony production under stricter environmental regulations, closing numerous small illegal mines in Hunan province
Antimony prices surged above $15,000/tonne as Myanmar civil conflict disrupted supply from Shan State mines supplying Chinese smelters
China added antimony to its export control list in August 2024, requiring export licenses and triggering prices above $25,000/tonne
US Department of Defense awarded $24.6 million to Perpetua Resources to support domestic antimony production
Prices exceeded $38,000/tonne amid Chinese export restrictions and military demand surge, marking all-time highs
More on Antimony
Explore other aspects of the Antimony value chain.
Uses & Applications
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Supply Chain
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Mining & Processing
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Refining & Grade Specs
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Recycling
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Substitutes
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