The few companies active in the space have seen their share prices jump. Larvotta Resources, an Australian miner saw its share price explode 800% as China moved to restrict antimony exports, while Perpetua Resources, a Pentagon-backed miner saw its share price jump by more than 200% since the beginning of this year.

Despite the major jump in antimony prices there are very few pure antimony plays in the market, but Military Metals Corp. (CSE:MILI; OTCQB:MILIF) stands out as a bold contender, aggressively building a portfolio of some of the most prolific, past-producing assets in Europe and North America. This ambitious explorer isn’t just gathering properties; it’s strategically seizing high-grade antimony and gold projects with historical impact such as the historical West Gore antimony mine, which was England’s largest supplier during World War I.

Across the ocean in Europe, the company recently announced that it has purchased one of Europe’s largest antimony deposits in Slovakia.

But the best thing here is the quality of the assets. Where development stage competitor Perpetua will mine antimony as a by-product at 0.06% per ton, the Slovakian properties of Military Metals Corp. easily reach up to 4% per ton of ore. According to Military Metals Corp. CEO Scott Eldridge, its assets are in the top three out of 15 companies globally in terms of quality of the assets.

Confirming its reputation as a fast-mover,  Military Metals Corp. announced the acquisition of another 388 hectares  at its Nova Scotia West Gore project and has now “gained complete coverage over the entire mineralized system including all the historical mine workings and known antimony-gold occurrences”.

Already earlier this month it made another acquisition, this time in Europe, where governments are just about as anxious about its future antimony supply as the United States.

On October 7, 2024, Military Metals Corp. pushed onward with its rapid advance on antimony assets with an agreement to scoop up 100% ownership in a private company that owns two antimony projects in Slovakia, including a third tin asset. The Trojarova Antimony Project, Tienesgrund Antimony Project and the Medvedi Tin Project all have Soviet-era resources.

The Trojarova project is one of the European’s Union’s largest historical Antimony resources.

Source: Military Metals Corp. 

“This acquisition strategically positions Military Metals as a leading explorer and developer of antimony,” said CEO Scott Eldridge. “The Trojarova and Tienesgrund projects offer significant potential for rapid advancement, particularly given Slovakia’s strong mining infrastructure and history. We see this as a perfect alignment with the European Union’s Critical Raw Materials Act, opening the door to potential EU funding sources as we advance these projects toward production.”

The company is rushing the antimony playing field here, moving at breakneck speed to acquire critical assets at the same time that China is tightening the reins on the rarest components of its national defense machine.

With wildly escalating geopolitical tensions, coupled with Western sanctions on Russian metals, what makes it a ‘Trump Trade’ is the added impact a renewed tariff war would have on American antimony supplies if China decides to fight back. Speculative demand is at an all-time high, even as China grapples with a downturn in demand since it implemented export restrictions.

With every hostile move from Beijing, we could expect antimony prices to rise further, creating significantly higher value for junior explorers and producers who have swooped in to take advantage of this national defense opportunity.

#3 Nucor (NYSE:NUE)

Back in August 2021, under Trump’s tenure, steel (HRC) was fetching around $2000 per ounce. Those days are gone. Today, it’s trading in the low $700s, and American steel producers need a lifeline for slowing sales and faltering growth. Trump could be that lifeline, and Nucor looks nicely positioned to reap the benefits.

The American producer suffered this year, with revenue for the six months ended June 29 shedding 11% compared to the same period in 2023. Earnings per share have also taken a beating, down 40% from Q2 2024 compared to Q2 2023. And Q3 earnings are expected to be worse, making this a good time to get in on the steel sector before it truly becomes a ‘Trump Trade’. There is a clear growth pathway here for Nucor, which is planning to invest $6.5 billion in eight major projects through 2027, but Trump policies would help bring the stock back up with the growth potential. A Trump promise of 10% tariffs on all important producers could reduce price competition pressure for Nucor, particularly emanating from producers based in China and Brazil.

“While market conditions have softened compared to recent record-setting years, Nucor remains focused on its long-term growth strategy and has returned more than $1.7 billion to investors through June,” Nucor CEO Leon Topalian said in a second-quarter earnings release.

Bonus companies to watch:

Raytheon Technologies (NYSE: RTX)

Raytheon Technologies is an aerospace and defense company that provides advanced systems and services for commercial, military, and government customers worldwide. Formed in 2020 through the merger of Raytheon Company and United Technologies Corporation, Raytheon Technologies has approximately 180,000 employees and is headquartered in Waltham, Massachusetts. The company operates through four segments: Collins Aerospace Systems, Pratt & Whitney, Raytheon Intelligence & Space, and Raytheon Missiles & Defense.

Raytheon Technologies is a leader in the development and production of a wide range of aerospace and defense products, including aircraft engines, avionics, cyber security solutions, missile defense systems, and space systems. The company’s products and services are used by customers in over 150 countries. Raytheon Technologies is committed to innovation and invests heavily in research and development to maintain its technological edge.

Raytheon Technologies plays a vital role in the global aerospace and defense industry. The company’s products and services help to ensure the safety and security of people around the world. Raytheon Technologies is also a major contributor to the U.S. economy, supporting thousands of jobs across the country. The company’s continued success is important to the future of the aerospace and defense industry.

General Dynamics (NYSE: GD)

General Dynamics is a global aerospace and defense company that offers a broad portfolio of products and services in business aviation; combat systems and munitions; IT solutions; and shipbuilding and marine systems. With approximately 100,000 employees, General Dynamics is headquartered in Reston, Virginia, and has a significant presence in more than 45 countries.

General Dynamics is a major supplier to the U.S. military and its allies. The company’s products and services are used in a wide range of applications, including air defense, ground combat, maritime operations, and cyber warfare. General Dynamics is also a leader in the business aviation market, with its Gulfstream aircraft being some of the most popular private jets in the world.

General Dynamics is committed to innovation and invests heavily in research and development to maintain its technological edge. The company is also focused on expanding its international business, and it is currently pursuing opportunities in markets such as Europe, the Middle East, and Asia. General Dynamics is a well-established and respected company in the aerospace and defense industry.

Mercury Systems (NASDAQ: MRCY)

Mercury Systems is a key enabler of critical defense programs. The company’s technology is used in a wide range of applications, including radar systems, electronic warfare systems, and C4ISR systems. Mercury’s focus on security and reliability makes it a trusted partner to the U.S. government and its allies.

Mercury operates in a highly competitive market. The company faces competition from larger, more established defense contractors. Mercury must continue to innovate and develop new technologies to maintain its competitive edge.

Despite these challenges, Mercury is well-positioned for future growth. The company’s strong technology portfolio, focus on security, and commitment to customer service make it a valuable partner to the defense industry.

Draganfly Inc. (CSE: DPRO)

Draganfly is at the forefront of drone technology, designing and manufacturing high-performance unmanned aerial vehicles (UAVs) for a variety of applications. Their drones are used in diverse sectors, including aerial photography, surveying, agriculture, and public safety. Draganfly has been a pioneer in the drone industry, developing innovative solutions such as drone delivery systems and AI-powered surveillance. Their expertise in drone technology has significant implications for national security. Draganfly’s drones can be equipped with specialized sensors and payloads for defense and security applications, including intelligence gathering, surveillance, reconnaissance, and border patrol. As a North American company, Draganfly contributes to the domestic production of drone technology, reducing reliance on foreign suppliers and ensuring a secure supply chain for critical defense applications.

CAE Inc. (TSX: CAE)

CAE is a global leader in providing training and simulation solutions for various sectors, including civil aviation, defense and security, and healthcare. They offer a comprehensive range of training products and services, from flight simulators to mission rehearsal systems and virtual reality training. CAE’s simulation technology is used to train pilots, air traffic controllers, military personnel, and healthcare professionals, ensuring they are well-prepared for critical situations. CAE’s simulation and training solutions are essential for national security, as they play a vital role in preparing military personnel for complex missions. Their advanced simulators replicate real-world scenarios, allowing soldiers to train in a safe and controlled environment, improving their skills and decision-making abilities. This contributes to the overall effectiveness and preparedness of defense forces.

Appia Rare Earths & Uranium (CSE: API)

Appia Rare Earths & Uranium is a Canadian exploration company dedicated to the discovery and development of high-grade rare earth elements and uranium deposits. Their projects are located in the Athabasca Basin in Saskatchewan, Canada, a region rich in mineral resources. Appia is actively exploring for critical minerals essential for various technologies, including defense, renewable energy, and electronics. Appia’s exploration efforts are crucial for national security as they contribute to securing a domestic supply of rare earth elements and uranium. These minerals are vital for defense applications, including guidance systems, lasers, radar, and nuclear power. By developing domestic sources of these critical minerals, Appia helps reduce reliance on foreign suppliers, particularly China, which currently dominates the rare earth market, mitigating potential supply chain risks and strengthening the resilience of the North American defense industrial base.

Commerce Resources (TSXV: CCE)

Commerce Resources is a Canadian mineral exploration and development company focused on rare earth elements and fluorspar. Their flagship project, the Ashram Rare Earth Deposit in Quebec, is one of the largest and richest rare earth deposits globally. Commerce Resources aims to be a significant supplier of rare earth elements to meet the growing global demand for these critical minerals used in various high-tech applications. The Ashram Deposit holds strategic importance for national security as it has the potential to be a major source of rare earth elements essential for defense applications. These minerals are used in electric motors, lasers, missile guidance systems, and other critical defense technologies. By developing the Ashram Deposit, Commerce Resources contributes to diversifying the global supply of rare earth elements, reducing dependence on China, and strengthening the resilience of North American and European supply chains.

Defense Metals (TSXV: DEFN)

Defense Metals is a mineral exploration company focused on the acquisition and development of rare earth element deposits. Their flagship project, the Wicheeda Rare Earth Element Project in British Columbia, Canada, is a high-grade deposit with the potential to be a significant source of these critical minerals. Defense Metals aims to be a responsible and sustainable producer of rare earth elements to meet the growing demand from various industries, including the defense sector. The Wicheeda Project is vital for national security as it has the potential to contribute significantly to the domestic production of rare earth elements in North America. These elements are essential for a wide range of defense applications, including electric motors, lasers, missile guidance systems, and communication equipment. By developing domestic sources of these critical minerals, Defense Metals helps reduce reliance on foreign suppliers and strengthens the resilience of the defense industrial base.

By. Tom Kool

**IMPORTANT! BY READING OUR CONTENT YOU EXPLICITLY AGREE TO THE FOLLOWING. PLEASE READ CAREFULLY**

Forward-Looking Statements

This publication contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements. The forward-looking statements in this publication are based on current expectations and assumptions about future events, including, but not limited to, geopolitical developments, trade policies, and market conditions. Factors that could change or prevent these statements from coming to fruition include, but are not limited to, the potential impact of the upcoming U.S. elections on various industries and specific companies, changes in government policies, market conditions, and geopolitical events. The forward-looking information contained herein is given as of the date hereof and we assume no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.

DISCLAIMERS

This communication is for entertainment purposes only. Never invest purely based on our communication. We have not been compensated by the companies mentioned in this article. While the opinions expressed in this article are based on information believed to be accurate and reliable, such information in our communications and on our website has not been independently verified and is not guaranteed to be correct. The content of this article is based solely on our opinions which are based on very limited analysis, and we are not professional analysts or advisors.

SHARE OWNERSHIP. The owner of Oilprice.com owns shares of the companies featured in this article and therefore has an incentive to see the featured companies’ stock perform well. The owner of Oilprice.com will not notify the market when it decides to buy more or sell shares of the featured companies in the market. The owner of Oilprice.com will be buying and selling shares of the featured companies for its own profit and may take this opportunity to liquidate a portion of its position. Accordingly, our views and opinions in this article are subject to bias, and why we stress that you should conduct your own extensive due diligence regarding the featured companies as well as seek the advice of your professional financial advisor or a registered broker-dealer before you consider investing in any securities of the featured companies or otherwise.

NOT AN INVESTMENT ADVISOR. Oilprice.com is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. You should not treat any opinion expressed herein as an inducement to make a particular investment or to follow a particular strategy, but only as an expression of opinion. The opinions expressed herein do not consider the suitability of any investment with your particular objectives or risk tolerance. Investments or strategies mentioned in this article and on our website may not be suitable for you and are not intended as recommendations.

ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making any investment. This communication should not be used as a basis for making any investment in any securities. Past performance is not indicative of future results.

RISK OF INVESTING. Investing is inherently risky. Do not trade with money you cannot afford to lose. There is a real risk of loss (including total loss of investment) in following any strategy or investment discussed in this article or on our website. This is neither an offer to purchase, nor a solicitation of an offer to sell, subscribe for or buy any securities or the solicitation of any vote in any jurisdiction. No representation is being made as to the future price of securities mentioned herein, or that any stock acquisition will or is likely to achieve profits.

Read this article on OilPrice.com