The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
China's Hunan Nonferrous Metals shut down the Beaver Brook mine in Canada, the largest potential North American producer of antimony, in early 2023. Following Beijing's export controls, antimony prices surged from approximately $5,900 per tonne to over $50,000. Antimony is a critical mineral for defense industries, used in ammunition, night-vision goggles, and missile seekers.