Blue Ocean Equities Report on Antimony.
“Antimony (Sb) is one of the rarest and most geopolitically challenging critical minerals due to its intrinsic characteristics, uses with few substitutes and skewed geographical distribution of resources (ex-Western countries). Chinaโs recent export controls on Sb products and outright ban to the US have placed its supply/demand dynamics under the spotlight. Sb is a minor metal that is generally not well understood by many investors. We are seeing attractive returns from selected companies with Sb exposure and remain bullish over the medium term based on a perfect storm of factors driving structural deficits.”
Antimony Macro Note: Donโt expect Sb prices to pull back anytime soon!
ANTIMONY MACRO NOTE
A simply fantastic report (best in world) though a tad technical in spots like ..โ~40kt pa of Sb-Au concentrates to produce ATO and ~20kt pa Sb metal.โ Wait, what?
Research Analysts: Carlos Crowley Vazquez and Elaine Faddis

Carlos has over 15 years of experience in corporate, project and structured finance focusing on natural resource companies, resource related infrastructure and services. He joined Blue Ocean Equities in 2022 as Senior Resources Analyst to focus on companies within the EV thematic, precious and base metals, fertiliser inputs, industrial, strategic minerals and mining services. Prior to joining BOEQ, Carlos was an Associate Director at Origin Capital Group and a Senior Analyst at Protego Asesores in Mexico (now part of Evercore Partners).
Carlos holds a B.Sc. Industrial Engineering from Instituto Tecnologico Autonomo de Mexico (ITAM), a B.A. Economics (ITAM) and a MBA from the Australian Graduate School of Management.
Blue Ocean Equities
OUR ANTIMONY UNIVERSE



