Antimony – Underestimated but indispensable
Antimony is one of those metals that receives little attention in public discourse but is essential to modern industries. It is used in flame retardants, semiconductors, batteries, alloys, and safety-related applications. Particularly critical: antimony is considered virtually irreplaceable in many areas of application. This characteristic creates structural scarcity and leads to stable high demand. Antimony Resources addresses precisely this demand by focusing on a historically high-grade project in a politically stable jurisdiction. Targeted exploration and expansion of the Bald Hill project will significantly increase not only the production potential but also the strategic relevance of the company for the West.
Supply concentration as a systemic risk
Global antimony production is highly concentrated and has been structurally tight for years. The problem is that over 70% of global antimony production comes from China, with significant amounts also coming from politically sensitive regions such as Russia and Tajikistan. This means that the majority of production takes place in a few countries, while Western economies are almost entirely dependent on imports. This dependence is increasingly becoming a vulnerability in times of geopolitical conflict. Export controls, political influence, and logistical uncertainties further exacerbate the risk. Antimony Resources is responding to this by advancing a promising property in a stable jurisdiction that has the potential to make a significant contribution to security of supply. Analytical consideration shows that the greater the scarcity and the more critical the raw material, the higher the strategic premium that investors and states are willing to pay for secure production sites.
North America – The linchpin of an international raw materials strategy
North America is at the center of strategic considerations because it combines security of supply, regulatory transparency, and infrastructure. Projects in this region send both economic and geopolitical signals: they can become part of national raw materials strategies and attract the attention of government procurement and monitoring agencies. Antimony Resources stands to benefit from this trend. The Bald Hill project is not only geologically promising but also optimally connected in terms of infrastructure, positioning it as a potential cornerstone for reducing Western import dependency. Over time, the project could strengthen the resilience of critical supply chains, while shareholders may see their assets quickly move into the focus of government-backed procurement initiatives.
Bald Hill – Perfect geology meets strategy
Located in New Brunswick, the Bald Hill property represents just such a strategic option. The deposit is historically known and is characterized by exceptionally high antimony grades. Modern exploration has quantified the potential for the first time: 2.7 million tons of rock with grades of 3-4% antimony correspond to 81,000-108,000 tons of contained metal.
Rock with grades of 3-4% corresponds to over 100,000 tons of metal.
Antimony Resources is using this data to advance targeted drilling programs, 3D modeling, and metallurgical analysis. From an analytical perspective, this enables not only a reliable estimate of the resource size but also the evaluation of economic potential: the combination of high-grade, consistent mineralization, and strong infrastructure significantly enhances both the project's and the Company's value.
Time is of the essence - Operational progress and scaling potential
The project's development is following a clearly structured path: Extensive drilling programs, 3D modeling, metallurgical studies, and regulatory preparation are all interlinked. By the end of 2025, Antimony Resources had completed over 8,000 meters of drilling, identified several high-grade zones, and more than doubled the size of the concession area. A closer look reveals that the Company is efficiently scaling its exploration and reducing project risk through metallurgical testing and early stakeholder engagement. The operational implementation suggests that Antimony Resources could be in a position to define an economically relevant resource in the medium term and thus realize its strategic value. The low valuation would then have to follow economic realities.
Entry point still low - Valuation and strategic optionality
Despite the size of the conceptual potential, the market valuation is still at a level that primarily reflects the remaining exploration risks. At the same time, strategic optionality is emerging. If Western countries succeed in actively reducing their dependence on antimony, politically stable projects at an advanced stage of development could benefit disproportionately. Antimony Resources is particularly interesting in this context, as it has a clear roadmap and is fully funded. At the end of November, the Company raised CAD 10 million, which is sufficient for all its planned projects in the current year.
Conclusion - A project in the right place at the right time
Antimony is a critical raw material at the intersection of industry, technology, and geopolitics. Projects that offer a credible alternative to existing dependencies are gaining strategic importance. Antimony Resources combines high grades, size, location quality, and operational momentum. If the transition from conceptual potential to a defined resource is successful, the perception on the capital market could change fundamentally. Analytically, it can be said that the Company offers a structured opportunity to benefit from geopolitically induced scarcity and strategic demand, with operational progress and a stable financing base increasing the opportunities. For risk-aware investors, Antimony Resources remains an exciting story in the critical raw materials sector, reflecting both solid fundamentals and global strategic trends.
