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Monday, 07/17/2017 11:24:31 AM

Monday, July 17, 2017 11:24:31 AM

Post# of 72901
re: Institute of Materials, Minerals and Mining:

(my own commentary in bold in parenthesis, just to highlight the rather immense opportunity here - for a penny mining stock attempting to mine something as needed, scarce and lucrative to our future world as Antimony):


"In the second instalment of our Elements of risk series, Eoin Redahan finds there could be a serious shortage of antimony in little more than a decade.

Nevertheless, this silvery-white semi-metal is widely used. It strengthens lead alloys, acts as a catalyst in the production of PET and is prevalent in flame retardant materials. But, despite playing an important role in our daily lives, it is not mined in huge quantities. 

According to the US Geological Survey (USGS), the USA produced no marketable antimony in 2014, and there is not much antimony in Europe either. It ranks third on the British Geological Survey Risk List and is on the EU’s list of critical materials.  (note: nor did U.S. mine any Antimony in 2015 or 2016 according to the USGS site - but they do mention 2013 and 2014 800 tons of it "extracted" -- not produced aka proccessed by a company in Nevada that went off line again -- yes that would be us FLPC's Fencemaker mine in Nevada...and all that Antimony FLPC still has on the ground unprocessed! See this here:

https://minerals.usgs.gov/minerals/pubs/commodity/antimony/mcs-2017-antim.pdf


and here:


https://minerals.usgs.gov/minerals/pubs/commodity/antimony/ :
)




Better Get Digging

Unsurprisingly, China mines the majority of the world’s antimony. It may have accounted for 80%of global production last year, but it did not export very much of it. To make matters even more troubling, at the current rate of consumption, the world’s antimony reserves could be spent in little more than a decade. 
Few fear that we will actually run out of antimony any time soon. New projects will come on stream when the need increases and some will continue to recover it from secondary sources, such as recycled lead-acid batteries.  

Greenfield and brownfield projects are underway in several countries including Australia, Myanmar (Burma), Canada and Italy, but the most significant undertaking is in Oman, where London-based Tri-Star Resources will produce 20,000 tonnes of antimony a year from 2016 – about 12% of the global market. (note: i dont see any U.S. Antimony projects listed making FLPC 's Fencemaker mine, IF they can get going again, the most unique/rare mine in America....and i guess in a small way even vital to our national interests)

Antimony will also become more attractive to mining companies if the price rises as predicted. In 2004 it fetched US$2,870 a tonne, while it sells for about $8,000/t today, despite recent price falls. According to Canadian exploration company Goldstar Minerals, the price could reach $25,000/t by 2020.  (note: scarce resource with good potential of continuous price increases for years to come)

These high prices could come to pass if several nascent technologies continue to grow. Antimony?is being used in phase-change memory devices, which could dramatically increase computing speeds. It is also being used in one of the electrodes for MIT’s liquid metal battery, which aims to provide a grid-level storage solution for renewable energy sources. (note: future technologies already need Antimony as it works best in these applications; Antimony demand now only becomes higher and search for new deposits and mines more important to vying countries around the world....)


http://www.iom3.org/materials-world-magazine/news/2015/apr/01/problem-antimony





...so if you are looking for a totally unique, one-of-a-kind potentially massive mining stock, in all the market.....your search ends here. Updates and new mining or processing news of the Antimony FLPC already mined in 2013/14 will most likely send this soaring, like in 2013 pps went from .003 area to .08 in the weeks and months up to the initial opening back then of their Fencemaker mine.

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