Could antimony be a key component in battery technology?

The future increase in demand for antimony lies in its potential to become a crucial component in battery technology. Antimony’s unique property as a heat retardant is essential in preventing thermal runaway in batteries, making it a crucial element in the development of effective energy storage systems.

Is antimony a heat retardant?

Antimony’s unique property as a heat retardant is essential in preventing thermal runaway in batteries, making it a crucial element in the development of effective energy storage systems. Its heat retardant properties enable the mass scalability of batteries, making it the only metal capable of achieving this goal. Antimony molten salt batteries

Why is battery energy storage system gaining popularity in Europe?

Battery Energy Storage Systems (BESS) investment in Europe is gaining popularity due to its ability to provide backup power and reduce curtailment. According to Aurora Energy Research, Europe intends to invest €70 billion in BESS to have 95 GW grid BESS capacity by 2050.

Is antimony a critical metal for electric vehicles?

Media attention seems focused on the battery metals required for electric vehicles (“EVs”), including lithium, cobalt, graphite, and rare earths, but antimony was one of the few metals that is on all of the critical metals lists across Australia, Canada, China, the EU, Japan, and the USA. The importance of antimony

Could molten metals be the world's largest antimony resource?

Molten Metals could have one of the largest antimony resources globally if it can confirm the historical resources that were calculated in the 1980s and 1990s when Slovakia was part of the Soviet Union. Offtake agreements and future capital

Where does antimony come from?

Currently, the global supply of antimony is heavily reliant on China, Russia, and Tajikistan, which produced over 88% of the world’s supply in 2022, according to the US Geological Survey (“USGS”). Antimony prices have surged this year to a record high, currently trading at US$13,000 per tonne, more than double the US$5,500 per tonne rate in 2019.