Please note that the price above is the retail price for private investors and is aligned with industry retail pricing. For bulk antimony purchases, whether industry or investment, please contact us directly for a quotation.
Antimony has only recently become accessible to private investors as a physical investment. Our IT team is preparing the historical price charts for antimony, which will be displayed here once the full dataset is available.
In the meantime, it is important to note that antimony prices have historically been influenced by concentrated refining capacity, limited spot-market transparency, and geopolitical factors. Since the introduction of Chinese export restrictions in late 2024, the market has shown increased price sensitivity, with supply disruptions translating more quickly into price movements, reinforcing antimony’s status as a critical raw material whose pricing is increasingly shaped by regulation and supply security rather than traditional commodity cycles.
To better understand antimony’s future price potential, it is useful to examine its key applications and global production sources (click here to jump to the forecast).
Antimony is a critical technology and industrial metal primarily produced as a by-product of lead, gold, and copper mining. It is valued for its ability to harden alloys, improve flame resistance, and enhance material performance in industrial and defence applications. Antimony is identified by the chemical symbol Sb and atomic number 51, and in its metallic form appears as a silvery-grey, brittle element with a crystalline structure.

The applications of antimony are closely linked to its ability to enhance material strength, improve flame resistance, and modify electrical and chemical properties. These characteristics make antimony an important metal across a wide range of industrial, energy, and defence-related applications.
One of the most significant uses of antimony is in flame retardants. Antimony trioxide is widely used as a synergist in plastics, textiles, electronics housings, and construction materials, where it helps suppress combustion and improve fire safety standards. This application accounts for a substantial share of global antimony consumption.
Antimony also plays a key role in metallurgy, particularly in lead-acid batteries. When alloyed with lead, antimony increases hardness, durability, and corrosion resistance, making it essential for batteries used in vehicles, backup power systems, and industrial energy storage. It is also used in ammunition and specialised alloys where strength and reliability are critical.
In the electronics and semiconductor industries, antimony is used in compounds such as gallium antimonide and indium antimonide, which are important for infrared sensors, high-speed electronics, and advanced optoelectronic devices.
Beyond these established applications, antimony is increasingly viewed through a strategic lens due to its relevance in defence, energy infrastructure, and fire safety regulation. As governments place greater emphasis on supply security and critical raw materials, antimony’s industrial importance and strategic relevance continue to grow.
Antimony does not typically occur in high concentrations and is often produced either as a by-product of lead, gold, and copper mining or from dedicated antimony ores processed in relatively few locations. As a result, antimony supply is structurally constrained and closely linked to broader base-metal and precious-metal mining activity rather than demand for antimony alone.
Global antimony production is limited, with annual output estimated at approximately 80,000 to 90,000 tonnes. China has historically dominated both mining and refining, particularly for high-purity antimony products, giving it significant influence over global supply. Outside China, production is more fragmented, with notable sources in countries such as Russia, Tajikistan, Bolivia, Turkey, and Myanmar, as well as smaller emerging producers in Southeast Asia and South America.
Because antimony production is concentrated and often dependent on by-product economics or specialised processing facilities, supply cannot be scaled rapidly in response to rising demand. This structural rigidity contributes to periodic supply tightness and heightened price sensitivity, particularly during periods of regulatory intervention or geopolitical disruption.
Like most commodities, antimony prices are shaped by the interaction between supply availability and market demand.
On the demand side, antimony plays a critical role in a range of industrial and strategic applications. Consumption is closely tied to activity in sectors such as flame-retardant materials, energy storage and lead-acid batteries, electronics, and defence-related manufacturing. Changes in regulation, safety standards, and industrial output in these sectors can therefore directly affect antimony demand.
On the supply side, antimony is structurally constrained. Production is highly concentrated and often linked to by-product mining or specialised antimony ores processed by a limited number of refiners. As a result, supply cannot be expanded quickly or independently, making the market particularly sensitive to regulatory interventions, geopolitical developments, and disruptions along the supply chain.
Antimony sits among a small group of critical minor metals whose pricing is shaped less by active trading and more by structural supply constraints, regulatory intervention, and essential industrial demand. Unlike exchange-traded commodities, antimony does not benefit from continuous price discovery; instead, it adjusts in response to changes in availability, policy decisions, and end-use requirements.
A pivotal development for the antimony market occurred from late 2024 into 2025, when China, the world’s dominant refiner, introduced export controls citing the metal’s strategic and potential military applications (Reuters). These measures led to sharp reductions in export volumes and elevated prices, highlighting antimony’s sensitivity to regulatory action. While not a blanket export ban, the controls increased scrutiny, licensing requirements, and uncertainty for international buyers.
Because antimony production is highly concentrated and often dependent on either by-product mining or specialised refining capacity, regulatory intervention has an outsized impact on material available to global markets. Although alternative sources have emerged outside China, particularly in Southeast Asia and South America, high-purity refining remains dominated by a limited number of suppliers.
On the demand side, antimony benefits from a stable and largely non-discretionary application base. Its use in flame retardants, lead-acid batteries, electronics, and defence-related applications underpins long-term consumption. Fire safety standards, energy-storage demand, and security considerations continue to reinforce antimony’s strategic relevance.
Taken together, these factors point to a market defined by structural tightness rather than cyclical behaviour, with pricing increasingly shaped by regulation, supply security, and strategic considerations rather than speculative demand.
Antimony is best understood as a structurally constrained and policy-sensitive market. Because production cannot be scaled quickly and refining capacity is concentrated, higher prices do not immediately translate into increased supply. This amplifies the impact of regulatory decisions and geopolitical developments.
At the same time, antimony demand is driven primarily by industrial necessity, safety standards, and strategic considerations rather than discretionary consumption. This tends to support demand resilience while limiting purely speculative price swings.
Price drivers tilting upward
Potential headwinds to watch
Fluctuations in lead and gold mining activity affecting by-product supply.
Incremental supply additions from non-Chinese producers easing short-term tightness.
Broader industrial slowdowns temporarily affecting battery and construction demand.
Bias: Firm to stable
Rationale:
Export controls continue to restrict flexible supply.
Industrial and regulatory demand remains resilient.
Market structure limits sharp short-term corrections.
Bias: Gradual upward bias
Rationale:
Structural supply constraints persist.
Strategic stockpiling and compliance-driven demand support prices.
Limited expansion of refining capacity sustains market tightness.
Bias: Constructive, regulation-supported outlook
Rationale:
Concentrated refining limits long-term supply expansion.
Fire-safety, energy, and defence applications provide durable demand.
Extended development timelines for alternative supply chains limit downside risk.
Structurally limited supply: production and refining capacity cannot respond quickly.
Regulatory exposure: trade controls, licensing regimes, and compliance rules directly affect market access and material flows.
Strategic demand: antimony plays a role in safety, energy, and defence infrastructure.
Tight market structure: relatively small global volumes mean even minor supply disruptions can have an amplified effect on pricing.
Industrial users of antimony, including manufacturers in energy storage, fire-safety materials, electronics, and defence-related applications, typically source the metal through established specialty metals dealers. Key end-use sectors include lead-acid battery manufacturers (such as GS Yuasa and Exide Technologies), chemical and materials groups producing flame-retardant compounds (such as BASF), and industrial and electronics suppliers (such as Honeywell).
These specialty metals dealers act as the critical link between producers and end users, ensuring consistent quality, regulatory compliance, and reliable delivery for industrial-scale applications. In the antimony market, where purity, form, and certification matter, access through established channels is essential.
Antimony is occasionally offered in small quantities through general online marketplaces such as Alibaba, eBay, or Amazon. These listings are typically aimed at laboratory users, small-scale experimentation, or educational purposes rather than at industrial procurement or long-term holding.
For investors and professional buyers, this channel carries clear limitations. Documentation on purity, material form, origin, and handling is often incomplete, and resale into the industrial supply chain is usually not feasible without verified certification and traceability.
Established specialty metals dealers like us address these gaps by supplying antimony with full chain-of-custody documentation and clearly defined specifications. We supply industrial-grade antimony at a minimum purity of 99.65%, supported by appropriate certification and consistent quality standards.
Because antimony is not traded on an exchange or supported by a liquid futures market, pricing is formed directly within the industrial supply chain. Access through recognised dealers therefore remains essential for reliable pricing, quality assurance, secure storage, and dependable exit options.
For holders of industrial-grade antimony, resale is typically most straightforward when conducted through recognised specialty metals channels. Industrial buyers generally require verified documentation covering origin, purity, and handling history, which means material sourced and stored through established supply chains is far easier to return to the market.
Antimony acquired through general online marketplaces such as Alibaba or eBay often faces practical limitations at resale. Without formal certification and traceability, such material is usually confined to private transactions or small-scale use, where pricing rarely reflects prevailing industrial market levels.
Investors who hold antimony through us retain access to established industrial buyers. Because the material is supplied with full documentation and stored under controlled, professional conditions, resale can typically be arranged efficiently, with pricing aligned to current market conditions rather than discounted secondary-market levels.
All prices on this page last updated Feb 02 2026.