“Most of our peers, all of our peers in fact, in Canada have been touting grab samples or the acquisition of properties but nobody has actually delivered drill results, but we have them, and they are very strong and very high grade over potentially mineable underground widths,” Kevin Keough, Evergold’s CEO, said by phone.
The metal increases the hardness of alloys and is used in advanced military systems, some battery technologies, and other industrial applications, including the production of flame retardant chemicals.
Breaking China’s monopoly
The West has been trying for years to loosen China’s grip on the supply of critical minerals and diversify its supply chains. But figures from the U.S. Geological Survey underscore just how little progress has been achieved—at least when it comes to antimony.
China produced more than 40,000 tonnes of the silvery-white metal in 2023, about 48% of the world’s…
