Reported 1 day ago
American Resources and ReElement Technologies have extended their antimony refining contract, enabling ReElement to process stibnite ore into ultra-pure antimony compounds at its Indiana facility. This ten-year agreement, which includes automatic renewals, is anticipated to generate over $29 million in annual revenues and supports the growing demand for ultra-pure antimony in defense and commercial applications. The partnership is critical following China's export ban on essential minerals, highlighting the need for domestic sourcing of strategic materials.
Source: YAHOO