Antimony: It’s Critical

Antimony: It’s Critical

Minerals are a key part of our everyday lives. Without them we wouldn’t have iPhones, safe bridges to drive on, engines for our cars or a well-prepared military to keep us safe. However, the U.S. depends on foreign countries for half of the key minerals we use. This isn’t because the minerals do not exist in our country but because we aren’t currently tapping into some of the resources available to us.

Recently, the U.S. Geologic Survey, on behalf of the U.S. Department of the Interior and the Secretary of Defense published, a list of 35 mineral commodities vital to U.S. interests. Antimony, one of the metals that we will produce through our Stibnite Gold Project, was on the list.

Antimony is a very important mineral. It strengthens alloys and makes them resistant to corrosion and is a key ingredient in flame retardants. These properties make it a highly valuable mineral for our military and energy sectors, as well as preventing our homes and belongings from being fire hazards. Right now, the U.S. gets most of this mineral from China – which controls more than 80 percent of the world’s antimony production.

Antimony has always been an important mineral for national defense. During World War II, young men could complete their military service up at Stibnite because antimony was critical to winning the war. Today, there is not an active antimony mine in the U.S. When our project is permitted, it will be the only domestic source of mined antimony in the country.

A U.S. Geologic Survey found American dependence on foreign minerals has doubled in the last 20 years. This means that in order to build satellites, missile defense systems, roads and bridges, computers, batteries and other technology to keep our country safe, have a vibrant economy and good life we all enjoy, we have to rely on outside nations. In many ways, this means our country’s growth and safety is in the hands of foreign suppliers.

The Stibnite Gold Project can help us take back control over one key part of our mineral future – antimony. As we continue to move through the permitting process, we are excited about our ability to bring production of this mineral back home to the U.S.