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Yavapai College and Freeport-McMoRan showcase career opportunities at Mining Technology Preview Day, Jan. 25.
One of the best investments on the planet right now could be a little-known critical strategic critical metal that has exploded 200% this year.It’s the metal that wins wars, and China has banned its export with the intent of stripping the U.S. war machine of its capabilities.During WWII, antimony was the hero of the day. It’s a critical element in the production not only of fire-retardant military uniforms and tents, but also in the mass production of many of our means of modern warfare, from bullets and artillery shells to night vision googles, nuclear weapons and anti-tank missiles. Without Antimony, the U.S. could be rendered defenseless in the face of its enemies.It’s an opportunity that North America-based Military Metals (CSE: MILI, OTCQB: MILIF) is pouncing on with a series of strategic acquisitions of past-producing antimony mines and new discoveries from North America to Europe.That’s why prices skyrocketed this year when China, which controls nearly half the world’s production and three-quarters of its refining, cut the U.S. out of the Antimony supply chain.The price of antimony doubled in July, 2024, according to S&P Global, hitting a then-record $22,750 per metric ton (antimony ingots 99.65% FOB) by August 6th
The single biggest threat to the U.S. military is war with China. A war that could start with Beijing blocking exports of one metal that is critical to the entire American military arsenal.That metal is antimony (Sb), and it’s one of the top-performing commodities this year.Which makes antimony miners in any Western-friendly country some of the hottest runners in the markets right now. And one company in particular has positioned itself to take advantage of supply shortages with a number of strategic acquisitions that could help reduce Noth America’s reliance on China and other non-friendly suppliers.Antimony has already seen a 200% price increase this year, with publicly listed companies in the space seeing increases of more than 800%. And as more analysts wake up to the opportunity, there could be even larger gains in the near future.China which currently controls nearly half of the total global output of this metal, and the lion’s share of its refined end-product has recently upset Washington by restricting antimony exports to the United States.But one little-known miner could be set to tip the tides back in the West's favor.Military Metals Corp. (CSE:MILI; OTCQB:MILIF) is a breakout player in the antimony space, that has a plan to bring new supply onstream with a string of antimony assets from central Europe all the way to North America
Freeport-McMoRan received the Arco de Diamante award for raising more than $250,000 through its workplace campaign.
U.S. copper giant Freeport-McMoRan has invested US$1.6 million in Max Resource (TSXV: MAX) in return for the chance to earn a stake in the junior's Cesar copper-silver project in northwestern Colombia.
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Industries
Industrial & Manufacturing
Government & Public Sector
Energy
Company Size
5,001-10,000
Company Stage
IPO
Total Funding
N/A
Headquarters
Phoenix, Arizona
Founded
1834
Find jobs on Simplify and start your career today