DNVN - Antimony, a once-unnoticed metal, has become the new "black gold" in the global geopolitical landscape. With its essential role in high-tech and renewable energy industries, China now dominates the supply of antimony, creating many challenges for the US and Western countries.
Hidden deep in the ocean, a story of a forgotten strategic metal is being uncovered . Antimony, a little-known metal, is now an element that could reshape the global balance of power.
More than a century ago, a tragedy occurred off the coast of Nova Scotia, a Canadian peninsula located in the Atlantic Ocean. A ship transporting antimony was sunk by a German submarine during World War II. The sailors who carried the hope of changing their lives with this "mysterious" metal never achieved their dream. At that time, antimony was almost ignored, but today, it holds a strategic role on the world geopolitical chessboard.
Antimony is more than just a metal. During both World Wars, it was a key ingredient in bullets and explosives. Today, its value is even greater, as it is an essential ingredient in semiconductors, batteries, and solar panels. The United States Geological Survey says the country consumes more than 22,000 tons of antimony each year, highlighting its importance in high-tech and renewable energy sectors.
The greater danger lies in the dependence on the global supply of antimony. Currently, China holds nearly 50% of the world's mining output and 80% of the total supply of antimony. This puts the United States at risk of losing its national security, especially as US-China tensions increase. Recognizing the danger, the Pentagon has stepped up measures to ensure domestic supply.
Military Metals Corp. has emerged as a timely solution. The company is reactivating the West Gore Antimony Project, a major source of antimony in Nova Scotia. It has also invested in a large antimony mine in Slovakia, presenting opportunities as tensions between Russia and Europe continue to escalate.
“The acquisition of the West Gore Antimony Project demonstrates our strategy to become a significant global supplier of antimony,” said Scott Eldridge, CEO of Military Metals Corp. “At the same time, this strategy is not just about business, but also about national security. The U.S. government is also increasing its investment to ensure domestic supplies of strategic minerals.
The future prospects for the antimony market are great. As the high-tech and renewable energy industries continue to grow, demand for the metal will increase dramatically. Against this backdrop, Military Metals Corp. is positioning itself as a key player in the geopolitical game of the 21st century.
From the position of a metal "buried under the ocean", antimony has now risen to become the "black gold" of the technological age. The story of antimony is proof that: The true value of an object is sometimes only recognized when the time is ripe. Antimony is a typical image of that.
Ganoderma (t/h)
Source: https://doanhnghiepvn.vn/cong-nghe/vi-sao-kim-loai-chien-luoc-antimon-co-the-thay-doi-cuc-dien-dia-chinh-tri-the-gioi/20241126095710843






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