America's Only Defense Antimony Mine Ramps Up Construction Activities
- •Hey everyone, just read this article about the Idaho gold-antimony project ramping up construction.
- •You can check it out here: America's Only Defense Antimony Mine Ramps Up Construction Activities .
- •This is pretty significant, securing that $2.9 billion EXIM loan fully funding the direct construction.
Hey everyone, just read this article about the Idaho gold-antimony project ramping up construction. You can check it out here: America's Only Defense Antimony Mine Ramps Up Construction Activities. This is pretty significant, securing that $2.9 billion EXIM loan fully funding the direct construction. As someone who's been trying to diversify a bit more into critical minerals, this immediately caught my eye.
My first thought was, "Finally, some real movement on the domestic supply chain front!" We've all seen how vulnerable things can get when you rely too heavily on external sources for critical materials, especially in defense. Antimony for defense applications is no joke. I've got a small position in a few junior miners, mostly lithium and rare earths, but this might make me re-evaluate and look into something related to antimony. It’s comforting to know that in a world where geopolitical tensions are always simmering, we're building up our own capacity. For my retirement portfolio, I'm always looking for those long-term, foundational industries, and critical minerals definitely fit that bill. Plus, the gold-antimony combo is interesting; gold can often act as a buffer for the overall project economics.
What are your thoughts on this? Is anyone here already invested in companies involved in antimony or other defense-related critical minerals? Do you think this is a sign of a broader trend for domestic sourcing, or just an isolated win? I'm curious to hear your takes, especially if you have experience in this specific sector. Always good to get some diverse opinions before making any moves!