Antimony’s demand is growing roughly 30% year on year, driven by new uses like clarifying glass for photovoltaic cells, while supply from China is declining.
This has pushed the price from US$10,000 a tonne in 2019 to US$25,000 a tonne today.
With recent sampling results showing grades as high as 46.5% antimony Iltani Resources (ASX:ILT) Managing Director Donal Garner explains the importance of this critical mineral and why it is becoming a hot commodity in 2024.
Garner explains the recent developments at the Herberton Project’s Antimony Reward and the progress being made.
From its use in flame retardants and batteries to its growing role in solar panels, this video covers the key factors driving antinomy demand and what’s next for the Herberton Project.
Key topics discussed:
- High-grade antimony sampling results from Antimony Reward
- The growing demand for antimony in critical industries
- Why antimony prices have surged in recent years
- Future exploration and drilling plans at Herberton
Stay updated on Iltani Resources’ progress and learn more about the importance of antimony in the global market!
