An investment opportunity is unfolding that most investors are completely unaware of…

We are on the brink of a potential global shortage of a critical resource that powers the world’s most important industries…

It is essential to the U.S. military and is vital for manufacturing smartphones, tablets, high-definition TVs, semiconductors, kitchen appliances, solar panels and new cars.

The critical mineral that is so essential to multiple industries is antimony – a shiny grey metalloid with a flaky texture.

Antimony has been used for decades in military applications and is a highly critical element for the defense industry. It is necessary for armor-piercing ammunition, night vision goggles, infrared sensors, bullets, precision optics, explosive formulations, nuclear weapons semiconductors, cables, and batteries.

But with China now accounting for over 60% of global production, the U.S. and European nations are now racing to prevent a potential Chinese monopoly.

Concerns about this supply risk have already sent the price of antimony soaring more than 200% over the past year, with no end in sight.

Currently, just a handful of countries—including China and Russia—produce the majority of the world’s antimony, but there is tremendous investment potential for companies that could bring new supplies online.

Our top pick for the sector is Military Metals Corp. (CSE: MILI, OTCQB: MILIF), a British Columbia-based mineral exploration company that spotted the trend in antimony before others were aware there was even a problem. They have been on an acquisition spree of mines with large historical resources to give them the ability to move quickly in what could be an explosive space.

Potential investors should look at a number of their peers who have seen explosive share price growth over the last few months:

For example, Perpetua Resources (Nasdaq: PPTA) – a U.S.-based explorer and developer of mineral properties including antimony – has shot up 261.3% over the past eight months.  The company is in the process of receiving$1.86 billion in financing from the U.S. government, including the Department of Defense to help with the company’s production of antimony at the Stibnite Gold Project located in Idaho.

Larvotto Resources Ltd. (ASX: LRV) – with mineral resource properties in Australia and New Zealand – has soared an impressive 916.95% since March of this year thanks in large part for its potential to bring new supplies of antimony online.

Military Metals is the new kid on the block with a much lower valuation, but following a recent announcement that it has purchased one of Europe’s largest antimony deposits with a historical resource in Slovakia it is now punching well above its weight.

Perpetua Resources listed above has over 90,000 tons of antimony in the ground with a valuation of close to $700 million whereas Military Metals Corp. will soon have over 60,998 tons of a historical resource of high-grade antimony and has a valuation of just $23million.

The company is now actively working to unlock the value of strategic antimony assets from multiple historical sites and potentially bring new supplies of antimony online at a time when it is desperately needed.

In North America, Military Metals Corps (CSE: MILI, OTCQB: MILIF), West Gore Property spans four exploration licenses covering 585 hectares in Hants County, Nova Scotia at a site that was once Canada’s most prominent antimony mine.

West Gore consists of an underground mine that operated between 1882 and 1939, extracting antimony from as many as seven mining levels.

During World War I, West Gore was Canada’s most prominent antimony mine, processing over 7,500 tons of ore and shipping nearly 400 tons of concentrate overseas for smelting between 1910-1911.

The combination of geology and historical mining data at this property positions West Gore as a unique and promising target for modern exploration.

Map of Military Metals’ West Gore Project Claims

Just recently – in October 2024 – the company announced the addition of key new claims surrounding its West Gore Antimony Project in Nova Scotia that adds an additional 388 hectares to the project, nearly doubling its size and potential.

This acquisition is key because it gives Military Metals complete coverage over the entire mineralized system at West Gore, enabling the company to approach the antimony-gold system in its entirety to unlock future value.

The Three Properties that are part of the recent acquisition in Slovakia offer significant upside potential as one of EU’s largest historical deposits in a publicly traded company. The country also has strong mining infrastructure and a history of being friendly towards mining operations.

Map showing the location of Military Metals Corp.’s properties in Slovakia

Digging deeper into the three properties

Trojarova Antimony Project:

The Trojarova antimony project is located near Pezinok in western Slovakia in an area that was extensively explored during the Soviet era.

The region has a rich mining history going back to the 14th century that includes antimony, gold, iron, and more.

Trojarova hosts a historical resource in category P1 in the Soviet classification system of 2.46 million metric tons at a grade of 2.48% antimony and 0.59 grams per ton gold (using a cut-off grade of 1% antimony), equivalent to 60,998 tons of contained antimony and 46,778 ounces of gold.

At today’s Antimony prices Military Metals has over $2 billion worth of In situ value of Antimony in the ground in their historical 60,998 ton resource at prices of $38,000 a ton spot price.

Tienesgrund Property:

The Tienesgrund property is located near Roznava, a historic mining town in eastern Slovakia. The site features two primary antimony-gold (Sb-Au) veins and saw limited antimony-gold production between 1840-1932.

Here is the mines timeline:1840: First recorded commercial exploitation of antimony veins.

1930s: Mines reopened, producing 1,000 tonnes of concentrate by 1932.

1950s: Underground development work including assessing the property’s tungsten potential

(found in association with antimony-gold)

Recent: Recent work includes sampling of veins on surface (grabs up to 38% antimony and

9.7gpt gold) and a LIDAR survey.

Bear Creek Property:

The Bear Creek property is located just outside the town of Hnilec in eastern Slovakia.

This property features a classic tin vein system with underground workings and historical resources. It has a calculated resource of 863,000 tonnes grading 0.19% tin using the Soviet-style classification of mineral deposits.

The location of these properties combined with the current supply-demand environment for antimony could help open the door to potential EU funding sources as the company advances these projects toward production.

What Makes Antimony so Critically Important to Many NationsThe importance of antimony in the modern world truly cannot be overstated.

Antimony’s importance dates back several decades as it was used in alloys for weapons and tools as early as the Bronze Age and through the Middle Ages.

More recently, antimony played a vital role in World War I as a strengthening component for ammunition and in supporting military communications. In World War II, antimony’s role expanded further, particularly in the production of lead-based alloys for bullets and other ammunition. Additionally in World War II, antimony was given the nickname “Hero Metal”, it was credited with saving countless American troops as an antimony compound was used to fireproof tents and vehicle covers to suppress the spread of flames.

In today’s modern military world, the availability of antimony is crucial for maintaining defense readiness and technological superiority.

The last time antimony was trading at all-time highs was back in World War II.

Modern military applications for antimony include the manufacture of infrared sensors, night vision goggles, armor-piercing bullets, explosive formulations, nuclear weapons, and more.

In short, the U.S. military would be lost without access to consistent supplies of antimony.Military Metals (CSE: MILI, OTCQB: MILIF), is rapidly emerging as a leader in the exploration and discovery of the metals that make a difference in defense technology.

By focusing on critical resources like antimony, the company helps provide the essential materials that strengthen military equipment and infrastructure.

And the company’s acquisition strategy could pay off in a huge way for investors in the months ahead.

In addition to its recent acquisition of more territory in Nova Scotia, Canada, the company also recently expanded its portfolio of mineral resource assets in Slovakia.

In October 2024, the company announced it had purchased the Trojarova Antimony Project, Tienesgrund Antimony project and the Medvedi Tin Project, which are located in Slovakia and contain historical resources. Slovakia is a member of the European Union, which has adopted the Critical Raw Materials Act to support domestic projects for critical metals.

The acquisition of these properties strategically positions them as a leading explorer and potential developer of antimony.

This commitment to becoming a leading explorer of antimony is likely to generate considerable attention as the company’s projects progress in the months ahead as the U.S. military – as well as European nations – continue to search for new supplies.

Chinese Export Restrictions put even Greater Pressure on Antimony SupplyThe recent restrictions placed on the exporting of antimony, which took effect September 15, pose a serious threat to the U.S. and other nations.

Without access to China’s supply, the U.S. and other nations could face significant challenges, which makes bringing new potential supplies online even more important.

“China to limit antimony exports in latest critical mineral curbs.”– CNN, August 15, 2024

This restriction of exports for a critical mineral is something China has done before.

In fact, in 2023 China began implementing exports restrictions for gallium, germanium and graphite in response to the U.S. establishing export controls of its own on advanced semiconductor chips to China.

This combination of declining production from China – along with new export restrictions – as well as increasing demand for antimony worldwide has already sent antimony prices to record highs.

And those prices are expected to climb even higher.

According to expert Chetan Soni at consultancy CRU, “Given we are still at record prices, it’s likely that prices will go even higher with this announcement (regarding export restrictions).”

Soni added that prices could reach as high as $30,000 – up from current levels of roughly $22,500 – as buyers would be looking to secure material for future production.

As of right now current prices of Antimony are trading at over $38,000 a tonne as of Nov 18 2024 surpassing Chetan Sonis predictions of $30,000 back in 2023.

The Bottom Line: Soaring Antimony Prices Have Triggered High Upside OpportunityThere is no question that a high-upside scenario has developed quickly for antimony, a critical mineral needed for a number of vital military and high-tech applications.

With potentially declining production – and a restriction on Chinese exports – prices for antimony have already climbed to record highs, with experts calling for even higher prices in the months ahead.

All of this creates an environment where those companies who offer the potential to bring new supplies of antimony online quickly could see significant increases in valuation.

This has already been seen with companies like U.S.-based Perpetua Resources (Nasdaq: PPTA), which has shot up 261.3% over the past eight months and Australia-based Larvotto Resources Ltd. (ASX: LRV), which is up a staggering 916.95% since March of this year.

Military Metals (CSE: MILI, OTCQB: MILIF), with its acquisition strategy and its growing portfolio of mineral assets in Canada and Slovakia, could become the next company to help investors take advantage of soaring antimony prices and collect potential windfall profits.

Other Resource Companies to Watch

Rio Tinto (NYSE: RIO) is a global mining giant with a finger in just about every pie when it comes to essential resources. From aluminum and copper to diamonds and uranium, this UK-Australian company operates in 35 countries, digging up the raw materials that make modern life possible. But it's not just their size and scope that makes them stand out; Rio Tinto is also committed to doing things the right way.

They're investing heavily in innovation and sustainable mining practices. This means they're not just focused on extracting resources; they're also working to minimize their environmental impact and rehabilitate the land they mine. Think renewable energy, cutting-edge technology, and a commitment to leaving things better than they found them. This forward-thinking approach is good for the planet and makes good business sense, ensuring the long-term viability of their operations.

Rio Tinto sees sustainability as a core part of its business strategy, not just a PR move. They're setting a high bar for the mining industry, showing that it's possible to be both profitable and responsible. By embedding sustainable practices throughout their operations, they're creating value for their shareholders while minimizing their environmental footprint. This commitment to doing good while doing well makes them a leader in the global mining industry.

BHP Group’s (NYSE:BHP) is a global mining powerhouse with a presence on several continents. From the massive iron ore mines in Australia to copper and coal operations in the Americas, BHP digs up the essential resources that fuel our modern world. This diverse portfolio and global reach make them a key player in meeting the world's growing demand for raw materials.

But BHP is not just about extracting resources; they're also committed to doing it responsibly. They've set ambitious targets to shrink their environmental footprint, investing in technologies to reduce greenhouse gas emissions and improve water efficiency. They also work closely with local communities to minimize the impact of their operations. This dedication to sustainability has earned them a spot as a leader on the Dow Jones Sustainability Index.

In a world where consumers and investors are increasingly focused on ethical and environmentally responsible practices, BHP's commitment to sustainability gives them a competitive edge. By prioritizing responsible mining, they're not just digging up resources; they're building a sustainable future. This commitment to doing good while doing well sets them apart in the global mining industry.

Albemarle Corporation (NYSE:ALB), headquartered in Charlotte, North Carolina, is a global specialty chemicals company with a rich history and a strong focus on innovation. While they might not be a household name, their products touch many aspects of our lives, from the batteries in our smartphones to the medicines we take. Albemarle operates across three main segments: Lithium, Bromine Specialties, and Catalysts.

Interestingly, Albemarle's roots go all the way back to 1887 when they started as a paper manufacturing company. Over the years, they strategically diversified, evolving into the global specialty chemicals leader they are today. A major turning point was their merger with Ethyl Corporation in 1994, which significantly expanded their product portfolio and market reach.

Today, Albemarle is perhaps best known as the world's largest lithium producer. With the rise of electric vehicles and increasing demand for lithium-ion batteries, Albemarle is at the forefront of this rapidly growing market. They've been investing heavily in expanding their lithium production capacity, including building a new lithium hydroxide plant in North Carolina. This strategic focus on lithium positions Albemarle as a key player in the transition to cleaner energy and a more sustainable future.

SQM (NYSE: SQM), a Chilean chemical company, is a major player in the lithium market. They're one of the world's leading producers of this crucial element, which is used in everything from electric vehicle batteries and smartphones to increasingly important military technologies. Think advanced communication systems, unmanned vehicles, and drones – all powered by lithium-ion batteries. SQM's vast lithium reserves in the Atacama Desert and their impressive production capacity make them a critical link in the global lithium supply chain.

Why does this matter? For countries like the United States, which rely heavily on advanced technology for their defense, having a reliable source of lithium is crucial. By sourcing lithium from SQM, nations can reduce their dependence on potentially unstable or unfriendly countries, ensuring a steady supply of this essential material for their defense industries. This helps avoid potential supply chain disruptions and ensures that militaries have the resources they need to produce the equipment and weapons systems necessary for national security.

SQM also stands out for its commitment to sustainable lithium extraction. In a world increasingly focused on responsible sourcing and minimizing environmental impact, SQM's efforts to reduce their footprint in the Atacama Desert are essential. This commitment ensures that the lithium used in defense applications is produced in a way that is both environmentally and socially responsible.

Perpetua Resources (NASDAQ:PPTA) is an American company focused on developing the Stibnite Gold Project in Idaho, a project with the potential to significantly boost domestic production of both gold and antimony. Antimony is a critical mineral used in a wide range of applications, from flame retardants and batteries to ammunition and military equipment. Currently, the US relies heavily on imports for its antimony supply, making this project strategically important for strengthening domestic production and reducing reliance on foreign sources.

The Stibnite Gold Project has garnered strong support from the US government, including significant funding from the Department of Defense. This highlights the project's importance for national security and its potential to bolster the domestic supply chain for critical minerals. The project is expected to be a major source of gold and the only domestic producer of antimony, contributing to economic growth and job creation in Idaho while also ensuring a more secure and reliable supply of these essential resources.

Beyond its economic and strategic benefits, Perpetua Resources is committed to responsible mining and environmental stewardship. The company plans to revitalize a historic mining area in Idaho, employing modern mining practices to minimize environmental impact and restore the site after mining is complete. This commitment to sustainability aligns with the growing emphasis on responsible sourcing and environmentally conscious practices in the mining industry.

Cleveland-Cliffs Inc. (NYSE:CLF) is a major force in the American steel industry and a vital partner to the US defense sector. As North America's largest producer of flat-rolled steel, they provide the essential materials used to build everything from military vehicles and ships to aircraft and critical infrastructure. This makes them a crucial link in the defense supply chain, ensuring that the US military has the resources it needs to maintain its readiness and protect national security.

One of the key reasons Cleveland-Cliffs is so important to US defense is that they provide a domestic source of steel. This reduces reliance on foreign suppliers, which can be vulnerable to disruptions during times of conflict or global instability. By sourcing steel from Cleveland-Cliffs, the US can ensure a stable and reliable supply of this critical material, strengthening the resilience of the defense industrial base.

Furthermore, Cleveland-Cliffs is committed to sustainable practices, including responsible mining and the use of renewable energy. This is increasingly important in the defense sector, as there's a growing emphasis on minimizing environmental impact and promoting responsible resource management. Cleveland-Cliffs' dedication to sustainability aligns with these goals, contributing to a more environmentally conscious and resilient defense industry.

Southern Copper Corporation (NYSE: SCCO)  is a major player in the copper industry, with extensive mining operations in Mexico and Peru. Copper is essential for a wide range of industrial applications, including many within the defense sector. It's used in everything from ammunition and electrical wiring to electronic components found in various military equipment. This makes Southern Copper a crucial partner in meeting the copper needs of the US defense industry.

Having a reliable and consistent supply of copper is vital for the production of critical defense equipment and ensuring the US military's operational readiness. Southern Copper's large production capacity and focus on efficiency make them a dependable supplier, strengthening the stability and resilience of the defense supply chain.

But Southern Copper is more than just a copper producer. They are also committed to sustainable mining practices and community development. They actively work to minimize their environmental impact and engage with local communities, promoting responsible sourcing of this important resource. This commitment to ethical and sustainable practices enhances the integrity of the defense supply chain and contributes to responsible resource management.

Cameco Corp (NYSE: CCJ) isn't just a uranium mining company; they're a key player in global energy security. As a leading provider of uranium fuel, they have a hand in powering homes and businesses around the world. But their impact goes beyond keeping the lights on. Cameco's uranium also plays a vital role in national defense, fueling the nuclear reactors that power submarines and aircraft carriers. This makes them a crucial partner in ensuring the operational readiness of the US Navy and its ability to protect national interests.

What sets Cameco apart is their commitment to responsible mining. They operate in Canada and the United States, adhering to strict safety and environmental regulations. This focus on sustainability ensures that they extract uranium in a way that minimizes their environmental impact and protects the health and safety of their workers and surrounding communities. By prioritizing responsible practices, Cameco is helping to ensure the long-term viability of the nuclear industry and its role in providing clean and reliable energy.

With the growing focus on reducing carbon emissions and achieving energy independence, Cameco's role is becoming increasingly important. They are not only providing the fuel for clean energy generation but also contributing to national security by supporting the US nuclear deterrent. As the world seeks reliable and sustainable energy solutions, Cameco is well-positioned to play a crucial role in shaping the future of the nuclear industry.

Teck Resources Limited (NYSE:TECK) is a major global mining company headquartered in Vancouver, Canada. They have a diverse portfolio of mining operations across North and South America, producing a variety of essential metals and commodities, including zinc, copper, coal, lead, and silver. This makes them a significant contributor to the global supply of these important materials, which are used in everything from construction and manufacturing to technology and energy.

Teck is particularly important in the zinc market, where they hold a strong position as the world's second-largest producer. Zinc is a versatile metal used in numerous applications, including the production of galvanized steel, batteries, and chemicals. This makes Teck's zinc production vital for supporting key industries and driving economic growth.

Looking ahead, Teck's operations are strategically significant due to the increasing demand for battery metals. Zinc plays a crucial role in various battery types, including those used in electric vehicles. As the world transitions towards cleaner energy solutions and electric vehicles become more prevalent, Teck's zinc production will be essential in meeting the growing needs of this market. This positions the company as a key contributor to a more sustainable future.

By. Tom Kool

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