Antimony's Strategic Surge: Trigg Minerals' Utah Project Positions as U.S. Supply Chain Lifeline

The U.S. supply chain for critical minerals faces a defining moment. With China dominating 83% of global antimony production—a mineral essential for defense, renewable energy, and advanced manufacturing—geopolitical risks have never been higher. Enter Trigg Minerals (ASX:TMG), whose high-grade Antimony Canyon Project in Utah stands as a pivotal play to break this dependency. Backed by federal urgency, robust technical expertise, and near-term drilling catalysts, the project offers investors a rare opportunity to capitalize on a mineral in the throes of a supply-demand crisis.

The Geopolitical Tightrope: Why Antimony's Dominance Matters

Antimony's duality as a dual-use material—vital for military applications (ammunition, infrared sensors) and clean energy (solar panels, lithium-ion battery electrolytes)—has made it a geopolitical flashpoint. China's export restrictions, including a December 2024 ban on military-related U.S. shipments, have exacerbated shortages. Spot prices surged to $51,500/tonne in early 2025, up from $17,588/tonne in 2024, as global supply tightens due to mine closures, sanctions on Russian exports, and unrest in Myanmar.

The U.S., which imports 92% of its antimony, is racing to secure domestic sources. The Defense Production Act and Critical Minerals Act now incentivize projects like Antimony Canyon, which aligns with federal goals to reduce reliance on adversaries.

Trigg's Antimony Canyon: A High-Grade, Low-Risk Play

Trigg's project, spanning 49 mining claims in Utah's mining-friendly jurisdiction, boasts:
- Exploration Target: 12.8–15.6 million tonnes grading 0.75%–1.5% antimony, containing 96,000–234,000 tonnes of contained antimony—among the largest undeveloped deposits in the U.S.
- Technical Strength: Led by CEO Timothy Morrison (exponentially experienced in critical minerals) and consultant Jonathan King, the team is executing a phased plan to validate historical data and deliver a JORC-compliant resource estimate by Q3 2025.
- Near-Term Catalysts:
- Drilling Program: A controlled-source magnetotellurics (CSAMT) survey by KLM Geoscience (July 2025) is identifying drill targets. Trenching and drilling are slated for late 2025.
- Funding: A $12.5M equity raise in July 2025 funds exploration and compliance with SEC and JORC standards.

The company's valuation remains undervalued relative to its project's scale. At current antimony prices, the deposit's upper-end resource could hold over $2.5 billion in metal value—far exceeding Trigg's current market cap of $35M.

ESG Alignment: A Sustainable Supply Chain Play

Trigg's project integrates environmental and social governance at its core:
- Low Environmental Footprint: The deposit's oxide-rich nature supports open-pit mining, reducing energy-intensive underground operations.
- Community Partnerships: Trigg has engaged local stakeholders to ensure minimal disruption to land use and water resources.
- Recycling Synergy: The project could become a hub for antimony recycling from industrial waste, complementing primary production.

These efforts align with ESG mandates, making Trigg a preferred partner for governments and corporations seeking ethical supply chains.

Investment Thesis: A Rare Confluence of Catalysts

• Timing: With U.S. policy favoring domestic production and antimony prices near record highs, Trigg is poised to leverage both demand and regulatory tailwinds.
• Risk Mitigation: The project's proximity to infrastructure (rail, power) and a mining-friendly state government reduces execution risks.
• Catalyst-Driven Upside: Positive drilling results in late 2025 or a robust resource estimate by Q3 could trigger a re-rating.

Buy Now, or Miss the Antimony Wave
Antimony's strategic importance ensures sustained demand. Trigg's Antimony Canyon Project, with its scale, technical execution, and policy tailwinds, is a must-own position in the critical minerals space. Investors should consider adding Trigg to portfolios ahead of its upcoming catalysts—a move that could yield multi-bagger returns as the U.S. supply chain rebuilds.

Stay ahead of the curve. The race for antimony is on.