China Securities points out that antimony price is currently going through a new round of rising cycle with a sharp increase in the installed capacity of photovoltaics since 2020.
However, the global reserve of antimony metal is rare, and the global supply of antimony has been falling steeply on China's antimony production cuts that are caused by falling ore grading, rising costs, and environment protection rules.
China Securities expects that only 5,000 mt of output will be released per year in China from 2023 to 2025.

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