Lode Resources Expands Antimony Mining Prospects

Lode Resources Ltd (AU:LDR) has released an update.

Lode Resources Ltd is expanding its mining operations by securing the historic Magwood Antimony Mine, marking a significant step in their exploration of antimony, a metal critical for fire-retardants, solar cells, and military equipment. The company has identified 19 antimony prospects within its newly acquired exploration licenses, totaling 1,914 square kilometers, in a region with a rich history of antimony production but little modern exploration. With antimony’s global importance heightened by China’s export restrictions, Lode’s initiative could position them as a key player in this strategic market.

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