Sb

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

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

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:

2016

China consolidated antimony production under stricter environmental regulations, closing numerous small illegal mines in Hunan province

2023

Antimony prices surged above $15,000/tonne as Myanmar civil conflict disrupted supply from Shan State mines supplying Chinese smelters

2024

China added antimony to its export control list in August 2024, requiring export licenses and triggering prices above $25,000/tonne

2024

US Department of Defense awarded $24.6 million to Perpetua Resources to support domestic antimony production

2025

Prices exceeded $38,000/tonne amid Chinese export restrictions and military demand surge, marking all-time highs

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