Antimony in the Spotlight for Investors

Due to rising demand, interest in the rare semi-metal antimony is also growing.

Advertisement – This article is distributed on behalf of Southern Cross Gold Consolidated Ltd. and GoldMining Inc., with which SRC swiss resource capital AG maintains paid IR advisory agreements. Publisher: SRC swiss resource capital AG · Author: Ingrid Heinritzi · First published: May 19, 2026, 5:10 p.m. Zurich/Berlin

Antimony is a critical component for the military sector and for high-tech applications. It is used in flame retardants, lead-acid batteries, plastics, semiconductors, ammunition, and alloys. Flame-retardant clothing in various sectors relies on antimony. This silvery-white, shiny metal is also found in car seats, children’s clothing, and cable sheathing. Its use in the military sector, in particular, makes this semimetal a raw material critical to national security. Not least because China dominates the antimony market.

Antimony strengthens and hardens metals. It was already used in World War II in lead bullets, military alloys, and tungsten steel. Today, the defense industry and the energy transition are the sectors that make this semimetal so valuable. This is because major investments are being made in the defense sector worldwide. China is the largest producer of this raw material, possessing vast reserves and processing capacities. It has been classified as a critical raw material by the U.S. Department of the Interior and by Canada.

According to forecasts, the global antimony market will be worth around $1.22 billion this year. By 2034, it is already expected to reach $2.01 billion. This means the market for this critical raw material is growing at an average rate of approximately 5.80 percent per year. Experts believe there is currently a deficit in the antimony market. Prices are rising, and many countries are seeking sources of supply outside of China. It is therefore time to take a closer look at antimony and the companies that hold this raw material in their projects.

GoldMining (- https://www.commodity-tv.com/ondemand/companies/profil/goldmining-inc/ -) holds large gold and copper projects in North and South America; the 100% company-owned Crucero project in Peru contains significant antimony mineralization in addition to gold. On a gold-equivalent basis, the indicated resources were expanded by approximately 75 percent (thanks to the presence of the critical metal antimony). This increases the value of the project.

Southern Cross Gold Consolidated (- https://www.commodity-tv.com/ondemand/companies/profil/southern-cross-gold-consolidated-ltd/ -) owns the Sunday Creek project in Australia. It contains gold as well as antimony. Excellent recent drill results, such as 17.3 meters grading 22.9 grams of gold per ton of rock, indicate significant exploration potential. The drilling program covers 200,000 meters. The company’s common shares were recently added to the VanEck Junior Gold Miners ETF and the FTSE Canada All Cap Index. Drilling for an exploration adit, which has already been approved, is now expected to accelerate drilling operations.

Current company information and press releases from Southern Cross Gold Consolidated (- http://www.resource-capital.ch/de/unternehmen/mawson-gold-ltd/ -) and GoldMining (- https://www.resource-capital.ch/de/unternehmen/goldmining-inc/ -).

You can also find further information in our new Precious Metals Report at the following link:
https://www.resource-capital.ch/de/reports/ansicht/edelmetall-report-2025-04/.

Sources: Southern Cross Gold Consolidated, GoldMining

https://de.wikipedia.org/wiki/Antimon;

https://www.fortunebusinessinsights.com/de/antimonmarkt-104295;

https://apscreens.com/de/antimony-mining/;

https://www.resource-capital.ch/de/reports/ansicht/edelmetall-report-2025-04/.

Pursuant to Section 85 of the German Securities Trading Act (WpHG) in conjunction with Article 20 of the Market Abuse Regulation (MAR) (EU) 2016/958, we hereby note that authors, employees, and affiliated companies of Swiss Resource Capital AG (SRC) may hold positions (long/short) in the issuers discussed. Compensation/Relationship: IR contracts/advertorials: Author’s own positions: none; SRC net position: less than 0.5%; Issuer’s stake ≥ 5% in SRC: no. Update Policy: no obligation to update. No guarantee regarding the German translation. Only the English version of this news release is authoritative.

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