Rabat -Australian Uranium Company, Zeus, has announced an agreement with Ashgill Marocco Limited in order to acquire the Casablanca -Animon project described by Australian and industrial media as a “high prospective” project in Zentral -Morocco.
The project comprises six exploration licenses that cover an area of
Antimon is a metallic element that belongs to the nitrogen group. It is used in various industries, including the military sector and others. The element is also used in solarphotovoltaics, also known as “PV”.
After overview The market size worth $ 299.28 million in 2023 was assessed on the antimonary market after maximizing market research, whereby sales grow from 20230 by 5.9% to achieve almost $ 447 million.
“Global antimony is valuable mineral This is used regularly in modern industrialized countries. The element improves the strength, durability and chemical resistance of alloys used in a variety of industries, including batteries for lead acid, ”says the website.
Industry -oriented website tips ranks said Zeus’s decision is strategic and is intended to position the company on the “tightened global antimonary markets, which are intended to be driven by supply restrictions and high demand in industries such as solarphotovoltaics and military supply chains”.
The website also emphasized Morocco’s assets and described it as a region that was highly ranked for mining investments.
List Corp too commented When it comes to acquisition, antimony is critical industrial Applications.
“The global antimonary market has significant restrictions on offer,” says the website, reasons such as China’s decline in production and export restrictions.
“These contributed to a dynamic and record -bleak prices for offer offers,” added the source.
