https://www.nagambieresources.com.au/uploaded/documents/161122/asx161122.pdf
High-Grade Antimony-Gold Discovery at 100%-owned Nagambie Mine
https://www.defensenews.com/congress/budget/2022/06/08/the-us-is-heavily-reliant-on-china-and-russia-for-its-ammo-supply-chain-congress-wants-to-fix-that/
The US is heavily reliant on China and Russia for its ammo supply chain. Congress wants to fix that.
Excerpt: "The mineral antimony is critical to the defense-industrial supply chain and is needed to produce everything from armor-piercing bullets and explosives to nuclear weapons as well as sundry other military equipment, such as night vision goggles.Antimony is now on the front lines of recent congressional efforts to shore up the strategic reserve of rare earth minerals, known as the national defense stockpile."https://acfequityresearch.com/antimony-and-the-us-ammunition-shortage/#:~:text=Increased%20gun%20sales%20coupled%20with,the%20second%20largest%20global%20producer.
Antimony and the US ammunition shortage
Excerpt: "Once war and sanctions subside, we believe that antimony prices will remain on a higher footing because of the ‘shock of war’ in Europe combined with a vague alliance between Russia and China reminding markets that almost the entire supply of global antimony is controlled by two countries. One of those countries has demonstrated that it is not economically rational, at least in the short and mid-terms and as such could switch off supply at any time."
"In addition to being an important mineral for ammunition and other defence needs, antimony is in high demand because of its use in clean energy infrastructure.Renewable energy – Solar panels, wind turbines, generators, batteries, and nuclear reactors.Technology – Smartphones, computers, semi-conductors, and automotives.Defence – Ammunition, tanks, submarines, warships, communication systems, night vision goggles, infrared sensors, and other military technology.In the US there is an ongoing ammunition shortage. This has been driven by the pandemic triggered supply shortages combined with demand increases underpinned by civil unrest throughout 2020 – stimulating an increase in gun sales.According to Small Arms Analytics (a South Carolina, US consulting firm) 23m guns were purchased in 2020, up ~65% vs. the 13.9m sold in 2019. In March 2021, the FBI conducted ~4.7m background checks vs. 3.7m y/y for gun sales.Increased gun sales coupled with global lockdowns and the US’s reliance on antimony imports from China, has created an ammunition shortage. China produces around 75% of global antimony supply, followed by Russia as the second largest global producer."
https://reneweconomy.com.au/bill-gates-backed-liquid-metal-battery-company-secures-a200-million/
Bill Gates-backed liquid metal battery company secures $A200 millionExcerpt:"Ambri’s liquid metal battery is billed as a game-changing technology, comprised of a liquid calcium alloy anode, a molten salt electrolyte, and a cathode comprised of solid particles of antimony, all of which enables the use of low-cost materials and a relatively easier cell assembly process.""Ambri hopes that its new battery systems will break through the existing barriers inherent in current lithium-ion battery technologies – cost, longevity, and safety."
Now is an exciting time to invest in antimony!! IMO
Cheers
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