Antimony Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to antimony market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Antimony Market News

In March 2024, Stibium Mining completed the construction of a new antimony refining facility in Zimbabwe. The facility utilizes advanced processing techniques to enhance ore recovery rates and minimize environmental impact. This development supports the company’s broader strategy of increasing antimony production capacity and diversifying the global supply chain, ensuring a more stable supply for key industries.
In February 2024, Larvotto Resources made significant progress with its Hillgrove mine in New South Wales, Australia. The company has enhanced its antimony extraction methods, boosting efficiency and lowering operational costs. This development is part of the larger plan to bring the mine online by 2026, adding a significant, diversified source of antimony to the global supply chain.
In January 2024, Shaanxi J&R Optimum Energy launched a project to explore sustainable mining practices for antimony in China. The initiative aims to integrate renewable energy sources into antimony production processes, minimizing environmental impact. This aligns with the company’s commitment to meeting rising demand from sectors like electronics and automotive while promoting eco-friendly mining solutions.

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Global Antimony Market size was valued at USD 2.17 Billion in 2023 poised to grow from USD 2.30 Billion in 2024 to USD 3.70 Billion by 2032, growing at a CAGR of 6.1% in the forecast period (2025-2032).

The global antimony market is competitive, with key players focusing on mining, extraction technologies, and recycling solutions. Major companies dominate the supply chain, while smaller startups emphasize sustainable practices and alternative sourcing. Industry leaders are working to improve extraction efficiency, reduce environmental impact, and diversify supply sources. International companies like China Northern Rare Earth Group High-Tech Co., Ltd., Yunnan Tin Company Limited, Trimbell Group, and Antimony Trading Ltd. play crucial roles in production and distribution. These companies are advancing technologies to secure the growing demand for antimony in electronics, flame retardants, and energy storage solutions, ensuring market competitiveness. 'Yunnan Tin Company Limited (China)', 'Hunan Nonferrous Metals Corporation (China)', 'Stibium Mining Limited (Australia)', 'Larvotto Resources (Australia)', 'Shaanxi J&R Optimum Energy Co., Ltd. (China)', 'Wuhan Kingold Jewelry Co., Ltd. (China)', 'United States Antimony Corporation (United States)', 'Apex Mining Company (Philippines)', 'Antimony Resources Pty Ltd (Australia)', 'Ghana Antimony Limited (Ghana)', 'China Minmetals Corporation (China)', 'Taicheng Antimony Industry Co., Ltd. (China)', 'Georgian Mining Corporation (Georgia)', 'Global Metaleach Limited (United Kingdom)', 'Guangdong Zhongtai International Trading Co. (China)'

The increasing demand for flame retardants, particularly in the construction, automotive, and electronics industries, is a major driver of the global antimony market growth. Antimony, specifically antimony trioxide, is a key ingredient in enhancing fire resistance, making it indispensable for safety standards and regulations across various sectors.

Why is North America Focusing on Diversifying its Antimony Supply Chains?

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Antimony Market Updates

Antimony Market News

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