Trigg Minerals (ASX: TMG)

TMG is well on the way to becoming an entirely Western, vertically integrated antimony producer that controls every step in the supply chain – all the way from mining ore to selling ingot, right in the USA.

In the heart of Western demand, TMG is in the right place, at the right time, and has a world-class team working tirelessly to execute the company’s near-term production plans of 3,000-5,000 tons of 99.65% antimony ingot per year. TMG has also commissioned a net-zero smelting study with Metso to utilise their proprietary Ausmelt TSL process.

TMG’s flagship Antimony Canyon Project in Utah has a JORC exploration target of 12.8 to 15.6Mt at 0.75% to 1.5% Sb – implying 96,000t to 234,000t of contained antimony. ACP has a long history of production at many of its prospects, such as the Nevada mine – which averaged 2.2% Sb and had considerable high grade zones averaging 3.6% Sb.

With the world’s largest antimony supplier – China – having banned exports to the US entirely late last year, there is an urgent need for rapid production. The US consumed 24kt of antimony in 2024, but mined no ore domestically and only had enough smelting capacity to service less than 10% of the market. This is before forecast stockpiling and rearmament, which are two key catalysts for demand set to surge once more supply becomes available.

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