A little-known metal called Antimony rallied 300% this year, overtaking gold, silver, and even Bitcoin.

And there is something that the algorithm gods haven’t noticed.

You see, Western powers have embarked on a $100 billion spending spree to restock their armories.

Cruise missiles, artillery shells, javelins, bullets, and armored vehicles. They ALL contain antimony, and the worst news is that the U.S. doesn’t produce an ounce of it.

This huge price spike that followed China’s decision to cut antimony supply to the U.S. this summer was the final wake-up call, and under Trump, the U.S. will no longer stand idle.

Following the rally in gold earlier this year, gold miners are the first to pick up the slack as Western governments are backing billions of dollars in loans for the world’s most promising new sources of antimony supply.

Consider Australia’s Larvotto, which boasts the country’s largest antimony deposit and owns the Hillgrove gold-antimony project near Armidale, New South Wales. Year-to-date, the stock is up almost 600% since the start of 2024.

And it’s newcomers like Military Metals Corp. (CSE:MILI; OTCQB:MILIF) that could be the next big winners.

Reviving World-Class Antimony Properties 

Military Metals has acquired two of the top ten Antimony projects in the world and is rapidly bringing onstream a new source of antimony supply.

One of their most significant acquisitions is the Trojarova project in Slovakia.

This historic antimony deposit, dating back to the Cold War, holds an estimated 60,998.4 tons of antimony – an in situ resource now valued at an astounding $2 billion.

Source: Military Metals Corp. 

Discovered in the 1950s and explored further in the 80s and 90s, Trojarova's development was suddenly halted as the Cold War ended and antimony's strategic importance faded.

But the world has changed.

Geopolitical instability is the new normal, and with NATO countries spending tens of billions of dollars to re-stock their depleted arsenals, the demand for antimony is peaking.

Military Metals Corp. CEO Scott Eldridge believes the richest part of the deposit remains untouched.

For Slovakia, reviving Trojarova is a golden opportunity to become a key player in the European critical metals landscape. With tensions escalating with Russia and China, securing domestic antimony sources is crucial. Trojarova could be the solution, providing Slovakia with a strategic advantage and strengthening its position within the European Union.

Slovakia's existing mining infrastructure aligns perfectly with the EU's Critical Raw Materials Act. This opens doors for potential EU funding, including potential grants, further incentivizing Trojarova's development and positioning Military Metals Corp. as a vital partner in Europe's quest for critical mineral security.

But Military Metals (CSE:MILI; OTCQB:MILIF) isn’t concentrating all of its effects on a single continent: it’s also making huge moves back in North America, in Canada’s famous WWI antimony mine in Nova Scotia.

The redevelopment of the West Gore mine represents more than just a business venture; it’s a strategic initiative to bolster North America’s supply of antimony, a mineral deemed essential for national security.

The West Gore Antimony Project, recently acquired by Military Metals Corp., holds impressive historical resources, including drilling results of over 7 meters grading 10.6 g/t gold and 3.4% antimony. Building on this legacy, the company took another significant step on October 24, 2024, signing an LOI to acquire additional claims flanking West Gore to secure coverage over the entire mineralized system.

Is This The World’s Most Undervalued Antimony Pure-Play?

Military Metals Corp. is valued at only $12 million right now; but its new play in Slovakia is valued at $2 billion in situ of ore at today’s Antimony spot prices. And that’s only one of its new antimony acquisitions. When you add the potential of West Gore in Nova Scotia, valuations could get even more attractive.

This isn’t just speculation, the U.S. government has already started investing heavily in securing domestic sources of critical minerals, and is pushing to bring the production and refining of critical metals such as antimony back to North America. With billions of dollars being allocated to secure domestic mineral supplies, companies like Military Metals Corp. stand to gain substantial financial support.

Here are 5 reasons to keep an eye on Military Metals (CSE:MILI; OTCQB:MILIF)

Antimony prices have surged nearly 300% in 2024, rising from $11,000 per ton to over $40,000 per ton, with forecasts predicting $50,000+ per ton in 2025.

Rising Demand: The global push to replenish military stockpiles and advance green technologies is driving unprecedented demand for Antimony.

Military metals has aggressively acquired world-class antimony properties in Europe and North America, turning it into a potential key supplier to both NATO and North American defense industries.

Military Metals currently has a market cap of just $12 million, while it’s sitting on properties that could be worth more than $2 billion In situ at today’s Antimony prices.

Western governments are fast-tracking antimony mine developments and have been backing billion-dollar loans for similar mining projects.

 

Other resource companies to keep an eye  on:

Piedmont Lithium (NASDAQ: PLL)

Piedmont Lithium is an American company working to become a major player in the electric vehicle battery industry. They're doing this by producing lithium hydroxide, a key ingredient in these batteries, right here in the US.

Why is this so important? Well, currently, the US relies heavily on imports for its lithium supply. This can be risky, as any disruptions to the global supply chain could affect the production of things like electric vehicles and even defense technologies like drones and communication systems. Piedmont Lithium wants to change that by providing a reliable, domestic source of lithium.

Their main operations are located in North Carolina, in an area known for its lithium deposits. What's really great about Piedmont Lithium is their commitment to doing things the right way. They are focused on responsible mining practices that are good for both the environment and the local community. This means they are working to minimize their impact on the environment and ensure their operations benefit the people in the area.

In short, Piedmont Lithium is working to strengthen the US battery industry, reduce reliance on foreign lithium, and do so in a way that is environmentally and socially responsible.

Lithium Americas (NYSE: LAC)

Lithium Americas is all about bringing more lithium production to the Americas. They're working on lithium projects in the United States, with a big focus on their Thacker Pass project in Nevada. This project has the potential to be a major source of lithium for North America, which is a big deal because lithium is essential for electric car batteries and renewable energy storage.

What makes Lithium Americas stand out is their commitment to doing things the right way. They're not just focused on digging up lithium; they're also focused on protecting the environment and working closely with local communities. They want to make sure their operations are sustainable and benefit everyone involved.

By producing lithium in North America, Lithium Americas is helping to create a more reliable and secure supply of this critical mineral. This is important because it reduces our dependence on lithium from other parts of the world and supports the growth of clean energy technologies.

Nucor (NYSE: NUE)

Nucor  is a leading steel producer in the United States, and they're doing things differently. They're known for using a modern technology called electric arc furnaces, which allows them to create high-quality steel from recycled scrap metal. This not only makes them a leader in sustainable manufacturing but also reduces their environmental impact.

Nucor produces a wide variety of steel products used in many industries, from the cars we drive to the buildings we live and work in. This makes them a crucial player in the U.S. economy and ensures a reliable domestic supply of steel for essential infrastructure and defense needs.

One of the things that sets Nucor apart is its dedication to sustainability. By using recycled materials and innovative technology, they are minimizing their environmental footprint and contributing to a greener future. This commitment to responsible manufacturing makes them a valuable asset to both the economy and the environment.

Vale S.A. (NYSE: VALE)

Vale S.A. is a global mining giant and a major player in the production of iron ore and nickel. These materials are essential for a wide range of industries, from the cars we drive to the buildings we construct. In particular, nickel is crucial for high-performance applications, including those in the defense sector.

Vale's operations span the globe, with key sites in Brazil, Canada, and beyond. This makes them a vital part of the global supply chain for these important resources. By providing a reliable source of iron ore and nickel, Vale contributes to the manufacturing of critical equipment, infrastructure, and advanced technologies, including those used for national defense.

Beyond its size and production capacity, Vale stands out for its commitment to responsible mining. They are actively working to reduce their environmental impact, protect biodiversity, and support the communities where they operate. This dedication to sustainability ensures that the resources they provide are sourced ethically and with minimal environmental disruption, which is essential for the long-term health of our planet and industries that rely on their products.

Uranium Energy Corp (NYSE American: UEC)

Uranium Energy Corp  is an American company focused on uranium mining. They operate primarily in Texas, Wyoming, and New Mexico, using a technique called in-situ recovery (ISR). This method is considered more environmentally friendly than traditional uranium mining, as it involves less disruption to the land.

Why is this company important? Well, they're playing a key role in reviving the uranium mining industry in the United States. For both energy and national security reasons, it's becoming increasingly important for the US to have its own source of uranium. Uranium Energy Corp is helping to make that happen in a way that is more sustainable and has less impact on the environment.

Another important aspect is that by producing uranium domestically, Uranium Energy Corp helps reduce reliance on foreign sources. This is crucial for national security because it ensures the US has a steady supply of uranium for its nuclear power needs and defense purposes, without having to rely on other countries.

Reliance Steel & Aluminum (NYSE: RS)

Reliance Steel & Aluminum is a major player in the metals industry. They don't just provide metal, they offer a whole range of services, from processing to distribution, making them a one-stop shop for businesses needing metal products. This is especially valuable for industries like aerospace and defense, where specialized metals are needed for things like aircraft and weapons systems.

With a vast network of service centers across North America, Reliance Steel & Aluminum ensures that its customers, including defense contractors, get the materials they need, when they need them. This reliability is crucial for keeping important defense projects on track and ensuring that the US military has the equipment it needs to operate effectively.

But Reliance Steel & Aluminum goes beyond just delivering metal. They also offer services that help their customers save time and money. They can cut, shape, and machine metal to exact specifications, which streamlines the manufacturing process for defense contractors and helps keep costs down.

By providing these essential services, Reliance Steel & Aluminum plays a critical role in supporting the US military and ensuring its readiness. They are a key partner in strengthening national security through their reliable supply chain and value-added services.

Compass Minerals International (NYSE: CMP) is a leading provider of essential minerals that touch various aspects of our daily lives. While they are well-known for their salt products, used to de-ice roads in winter and soften water in our homes, Compass Minerals plays a much broader role in various industries. Their magnesium chloride is used in dust control and agriculture, while their sulfate of potash serves as a valuable fertilizer ingredient. This diverse product portfolio highlights their commitment to providing essential resources for a variety of applications, contributing to infrastructure safety, agricultural productivity, and industrial processes.

What truly sets Compass Minerals apart is their forward-thinking approach to sustainability and innovation. Recognizing the growing importance of lithium in the transition to a cleaner energy future, they are strategically positioning themselves as a key player in the lithium market. Their focus on sustainable lithium extraction from brine resources, particularly at their Great Salt Lake facility in Utah, demonstrates their commitment to responsible sourcing and environmental stewardship. This initiative not only aligns with the increasing demand for electric vehicles and battery technology but also showcases their dedication to minimizing their environmental footprint while contributing to a more sustainable global economy.

Compass Minerals' commitment to sustainable practices extends beyond their lithium operations. They are actively engaged in reducing their environmental impact across all their operations by implementing water conservation measures, reducing greenhouse gas emissions, and promoting responsible land management.

By embracing innovation and investing in sustainable technologies, Compass Minerals is demonstrating its commitment to long-term growth and environmental responsibility. This approach ensures that they not only meet the current needs of various industries but also contribute to a more sustainable future for generations to come.

FMC Corporation (NYSE: FMC) is a global agricultural sciences company dedicated to helping farmers nourish the world. They develop and deliver innovative solutions to growers around the globe, focusing on crop protection, plant health, and professional pest and turf management. FMC's products and technologies help farmers increase yields, improve crop quality, and combat pests and diseases, ultimately contributing to a more sustainable and secure food supply.

While FMC may not be involved in traditional mining activities, they have a significant stake in the lithium market. Lithium is a critical component in rechargeable batteries, which are essential for electric vehicles, portable electronics, and renewable energy storage. FMC's lithium business, which they divested in 2018, played a crucial role in the development of the lithium industry. This history highlights their commitment to innovation and their involvement in key sectors driving technological advancements and sustainable solutions.

FMC's dedication to sustainability is evident in their agricultural practices. They are committed to developing products and technologies that minimize environmental impact while maximizing crop production. This includes a focus on integrated pest management solutions, which reduce reliance on traditional pesticides, and the development of biological products that promote plant health and soil fertility. By promoting sustainable agricultural practices, FMC is helping to address global food security challenges while minimizing the environmental footprint of agriculture.

By. Josh Owens

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Forward-Looking Statements

This publication contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements. The forward-looking statements in this publication are based on current expectations and assumptions about future events, geopolitical developments, trade policies, market conditions, the company’s strategic initiatives to address the critical shortage of antimony, and current expectations, estimates, and projections about the industry and markets in which the company operates.  Factors that could change or prevent these statements from coming to fruition include, but are not limited to, the potential impact of the upcoming U.S. elections on various industries and specific companies, changes in government policies, market conditions, regulatory developments, geopolitical events and the company’s ability to successfully acquire and develop new antimony resources and fluctuations in antimony prices. The forward-looking information contained herein is given as of the date hereof and we assume no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.

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