What's Happening?
Military Metals, led by CEO Scott Eldridge, is advancing its antimony projects in North America and Europe, recognizing the strategic importance of antimony in military applications. The company is focusing on the Tiennesgrund Antimony-Gold Project in Slovakia, where historical sampling has revealed high grades of antimony and gold. Military Metals aims to establish secure domestic and allied supplies of antimony, a critical raw material under the European Union's Critical Raw Materials Act. The company plans to begin a field campaign in October 2025 to refine drill targets based on structural controls of mineralization.
Why It's Important?
Antimony is crucial for military applications, including munitions and night vision equipment. With China dominating antimony mining and processing, Western nations face vulnerabilities due to geopolitical tensions and export controls. Military Metals' efforts to secure antimony supplies are vital for national security and industrial resilience. The company's projects align with Europe's ambition to reduce import dependence and strengthen supply chains for defense and renewable industries. As NATO increases defense spending, the demand for antimony is expected to rise, making these projects strategically significant.
What's Next?
Military Metals is preparing for a field program in October to map structural controls and refine drill targets at the Tiennesgrund project. The company is committed to collaborating with North American and European partners to achieve supply independence within the next three to five years. As antimony prices reach all-time highs, Military Metals aims to contribute to addressing Europe's antimony shortfall and fortifying national security. The company's initiatives may influence policy discussions on strategic stockpiling and supply chain resilience.
