China’s Antimony Ban Sent Prices Up 2,600%. Rare Earths Are Next

AI Summary

China's 2024 export controls on antimony caused prices to spike by 2,600%, dramatically reducing shipments to the U.S. The move signals potential upcoming restrictions on rare earth elements critical for military applications, with U.S. miner REalloys preparing to capitalize on the opportunity.

In 2024, China announced export controls on antimony.      It’s a metal most people have never heard of, but antimony goes into more than 200 types of military munitions. Within weeks, the price went from $1,400 per ton to $38,000 — a 2,600% spike — and shipments to the United States fell 97%. Today, Beijing is setting up for something bigger. And REalloys (NASDAQ: ALOY) — a U.S.-based mine-to-magnet rare earth company — has spent years getting ready for it.  The company holds an exclusive 80% offtake…