Tenfold increase on the Horizon – Things could move fast: Boeing, Larvotto Resources and Antimony Resources

Boeing: Nothing works without critical raw materials

Aircraft manufacturer and defense contractor Boeing is traditionally a processor of antimony-containing products. Examples include the 787 Dreamliner and other aircraft. In recent quarters, Boeing has benefited from both growing civil and rapidly increasing military demand. Although the Company is still reeling from the 737max disaster, business is booming – the order backlog at the end of the first quarter of 2025 stood at a whopping USD 545 billion. Analysts such as Bank of America are also optimistic and recommend buying the stock with a price target of USD 260. But what good are huge order backlogs when a shortage of a critical element, such as antimony, can halt production?

Larvotto Resources: This antimony rocket has long since taken off

Looking at the global supply situation, the supply of antimony from Western regions is scarce. Many projects are located in China, Russia, or Tajikistan. Existing mines in Australia and Turkey cannot meet the rapidly growing demand. This is where companies like Australia's Larvotto Resources step in. The Company's Hillgrove project is set to resume production in 2026. With an initial mine life of 8 years and clear potential for extension, the project could become a key Western supplier. Planned annual production is around 40,566 ounces of gold and 4,878 tons of antimony – equal to roughly 7% of current global antimony production. Construction is estimated to require an initial investment of around USD 139 million. Larvotto Resources has also already secured off-take agreements in the event of successful production.

Operational risks vs growing prospects: Antimony Resources as an insider tip

But does that make the stock a good choice for investors? Larvotto Resources benefited significantly last year from sharply rising antimony prices – its market capitalization climbed from AUD 9 million in August 2024 to a peak of AUD 290 million. Since Larvotto only acquired the project in 2023 and aims to bring it into production by 2026, the stock, which has risen sharply in the meantime, does not appear to be without risk – especially since the start of production is often associated with operational setbacks. In mining, delays are par for the course. Added to this is the fact that the project's initial mine life is relatively short at just 8 years.

One company whose current situation is reminiscent of Larvotto Resources a year ago is Antimony Resources. The Canadians hold options on 100% of two projects in New Brunswick, Canada – Bald Hill and Antimony 2.0. Bald Hill is a well-known, high-grade stibnite deposit: Exploration has been underway there since 2008, resulting in the discovery of a deposit over 700 m long with a diameter of 3-4 m and grades of 3 to 4% Sb. Recently, further strong drill results were added. 4.17% Sb over 7.40 m with inclusions up to 28.8% Sb caught the attention of experts. According to a NI 43-101 report, the main target area at Bald Hill comprises 0.725 to 1.0 million tonnes with an average grade of 4.1-5.32% Sb. This corresponds to approximately 30,000 to 40,000 tonnes of antimony. This is roughly what Larvotto Resources aims to produce over the lifetime of Hillgrove. However, Antimony Resources believes that the project's potential has not yet been fully exploited.

Antimony Resources shares with an interesting risk/reward profile

But why should investors bet on a company whose projects are not as advanced as, for example, Larvotto Resources' Hillgrove project in Australia? Antimony Resources' market capitalization is still in the single digits, currently standing at around CAD 9 million. Moreover, the Bald Hill project is considered the highest-grade antimony deposit in North America, at a time when alternatives to Chinese supply are in high demand. From an investor's perspective, this makes Antimony Resources particularly attractive. As recently as July, a strategic commodity investor stepped in and participated in a capital increase.

"*Given the ongoing constraints on global antimony supply and rising global demand, our goal is to position ourselves as a *major supplier of antimony in North America," explains Antimony CEO James Atkinson. In a world where the supply of raw materials is key to industrial production and ultimately even security, those who own raw materials have decision-making power. Antimony Resources has the option to acquire 100% of Bald Hill and Antimony 2.0, giving it the decisive leverage. If the team on site succeeds in obtaining further exploration results, the Company is likely to have a promising future ahead of it. The high grades already give cause for confidence. The low valuation of the stock reduces the downside risk. Given its drilling results to date, its location in Canada, and the current geopolitical situation, Antimony Resources is predestined to repeat and possibly even surpass the success of competitors such as Larvotto Resources.**