Australian company wants to resurrect Fairbanks antimony mine

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Antimony,Felix Gold,Fairbanks Mining

The United States currently has no domestic supply of the mineral, according to a 2024 U.S. Geological Survey report.

US currently has no domestic supply of the mineralFAIRBANKS, Alaska - An Australia-based gold exploration company with claims near Fairbanks is seeking to revive an old antimony mine.

“Getting the production for antimony right is critical,” he said, adding that Felix Gold is aiming to begin producing antimony from the old mine by the end of 2025. “China’s antimony mine production has fallen significantly over the past several years. However, China continued to be the leading global antimony producer in 2023 and accounted for 48% of global antimony mine production,” the report reads.

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