Antimony is not listed on the LME and its difficult to find out at what price it is being traded at. I did listen to a webinar recently where the CEO had been in the US and he said the limited amount of Antimony available was being traded at higher than 65k USD per ton. The US did have a stockpile but clearly that will have been eaten into since the ban. They are getting a small amount from Korea but not enough to satisfy there own demand. I did hear they only had a couple of months supply left but cant hand on heart say that was a credible source.
IMO the price will remain high for years due to , China's own production is falling making them an importer as well as a processor, the world is rearming which will will take a decade, new mines take years to come online, the list of products using Antimony is growing with over 1000 patents pending in the US alone that contain Antimony as a component.
The Antimony story will be different from the lithium price fiasco IMO
TMG Price at posting:
8.0¢ Sentiment: Hold Disclosure: Held
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