Felix Gold has military-critical mineral in sights for near-term production

Felix Gold eyes off a unique opportunity for standalone production of what could be a persistently strained commodity.

In the wake of Chinese restrictions and a rapidly ascendant price tag, Felix Gold (ASX:FXG) is continuing to investigate its prospects of near-term production from the historic Alaskan Scrafford Antimony Mine as the United States moves on securing domestic production.

Already using its supply chain dominance to assert its influence over rare earth and graphite markets, China’s recent restrictions on antimony exports sparked immediate concerns from the US Military and a new wave of interest in its potential miners.

The US currently relies on imports for around 82% of its antimony demand, with the majority coming from the Chinese – a tap now severely tightened.

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