After the Spring Festival, the price of domestic strategic small metal antimony rose rapidly. Data show that on March 4, the price of antimony ingots rose 6.06% to 70,000 yuan / ton. It has risen 28.44% so far this month and 69.23% so far this year.
Global antimony consumption is about 130000 tons, mainly in economies such as China (47 per cent) and the US (21.5 per cent). The annual antimony consumption in developed countries is stable at about 50,000 tons. The popularization of flame retardant legislation in emerging markets and the expansion of the market scale of automobile, electric bicycle and polyester industry have led to the sustained growth of antimony consumption and become the main incremental market of antimony. According to the agency, China's antimony consumption is expected to reach 78600 tons by 2025, 93600 tons by 2030 and 107000 tons by 2035, with a compound annual growth rate of 5.2 per cent, 3.6 per cent and 2.7 per cent, respectively.
According to the theme database of the Financial Associated Press, among the relevant listed companies:
Huayu Mining's domestic controlled antimony resources reserves reached 144300 metal tons respectively, and the overseas investment "Tarim Aluminum Gold" joint venture has controllable resource reserves of 264600 metal tons of antimony. At present, the company's controllable antimony metal accounts for 23% of the global resources.
Hunan Gold has 30, 000 tons / year refined antimony smelting production line and 32000 tons / year variety antimony oxide production line.
