Reported 2 days ago
With the war in Ukraine exhausting military supplies, the U.S. faces a critical shortage of antimony, essential for ammunition production. As China restricts exports, leading to a dramatic price increase from $12,000 to $38,000 per ton, companies like Military Metals are scrambling to secure new antimony sources in North America and Europe. This situation highlights the geopolitical risks in mineral supply chains and the urgent need for Western nations to bolster their defense capabilities without dependence on Chinese materials.
Source: YAHOO