Iran Uncovers Massive Antimony Resources, Boosting Economic and Defense Capabilities
Iran has struck paydirt with a major discovery, unearthing massive resources of antimony, a versatile semi-metal substance vital for various industries. The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) expects this significant find to significantly enhance Iran’s economic and defense powers.
Why Antimony Matters
Antimony plays a critical role in producing advanced electronic systems, plasma weapons, and military equipment. Moreover, it treats parasitic diseases like leishmaniasis and schistosomiasis. Additionally, certain medications, like meglumine antimoniate, rely on it. Furthermore, it enables the manufacturing of flame retardants, reducing fire risks in buildings and vehicles.
China dominates antimony production, producing over 70% of global output. Iran’s recent discovery of antimony resources positions the country to capture market share. Moreover, the global market, which valued at $1.4 billion in 2020, will grow 4.5% annually from 2022 to 2025, driven by increasing demand.
The Discovery in Iran
Iran’s researchers have successfully uncovered an estimated 7,000 tons of antimony after a decade-long search. They have found the majority of these resources in Sistan and Baluchestan, southeast Iran. Now, this discovery will propel Iran to a higher position in the global market, significantly boosting the country’s economy.
Antimony is a critical component in producing advanced electronic systems, including plasma weapons. Currently, China dominates production. However, Iran’s discovery disrupts the global market. Moreover, southeastern Iran holds an estimated 10% of global resources. Furthermore, it has been used in cosmetics and medications for centuries. In 2022, its value peaked at $2,500 per ton, making it prized.
Iran’s economy and defense capabilities will significantly benefit from the recent discovery of antimony resources. This breakthrough will shape the country’s future. Moreover, with global demand on the rise, Iran is poised to capitalize on this trend. Consequently, the country will emerge as a major player in the global market.
Source: Iran Press