Aug 4, 2026 – 8.41amThe federal government’s dream of turning Australia into a processing powerhouse has stumbled after antimony aspirant Larvotto Resources said prices for the critical mineral must double – and have a guaranteed floor – before it pulls the trigger on a $150 million smelter.Demand for antimony has skyrocketed after China imposed export curbs on the metal, a hardening agent used in solar panels and the casings that go around bullets and other munitions.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
A $150m critical minerals smelter in NSW? Not without a floor price
Larvotto needs the price of antimony to double – and remain at a guaranteed level – before it pulls the trigger on Australia’s first smelter in 50 years.
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