a rush for an obscure mineral heats up in Alaska

GURPS

INGSOC
PREMO Member
Alaska hasn’t produced antimony — a shiny mineral used in weapons, flame retardants and solar panels — in almost 40 years.

That could change this summer, according to the executives of a Texas company that has snatched up more than 35,000 acres of mining claims in Alaska.

Dallas-based U.S. Antimony Corp. is looking to the state as a new source of antimony for its smelter in Montana, the only plant in the United States that refines the mineral.

Alaska’s antimony, the company says, could help the U.S. overcome a recent ban on exports of the mineral from China, the world’s top antimony producer. Antimony is among several minerals — many of which are used in renewable energy — that the U.S. has sourced primarily from China and other countries in recent decades. Efforts to build more mines in the U.S. have accelerated amid worsening trade tensions and growing demand.

With no active antimony mines, the U.S. in recent years has imported roughly 60% of its antimony from China. Meanwhile, need for the mineral has surged as antimony-laden arms flow to wars in Ukraine and the Middle East.




 
Top