China to Restrict Antimony Exports, Driving Prices Above $60,000 per Ton
DEFENSE
China's impending restrictions on antimony exports, effective in 2024, are expected to drive prices from around $15,000 to over $60,000 per ton, significantly impacting industries reliant on the material, such as defense and semiconductors. With China controlling 70% of the global antimony market, countries like Canada, the US, and the EU are seeking alternative supply sources amid concerns of shortages, particularly as sanctions limit Russian exports. Notable projects include GoldMining's Crucero project in Peru and Southern Cross Gold Consolidated's Sunday Creek project in Australia, both of which contain significant antimony resources.

Jan 26, 2026, 6:30 PM