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China Antimony Industry Report, 2016-2020

  • November 2016
  • -
  • Research In China
  • -
  • 70 pages

Summary

Table of Contents

According to USGS, global antimony reserves totaled 2 million tons and antimony ore production 150,000 tons in 2015. In China, the reserves of antimony stood at 950,000 tons and antimony ore production 115,000 tons, 47.5% and 76.7% of the global total, respectively.

The Chinese government introduced a series of policies to strengthen administration of industry access and products export, encourage resource integration, and practice protective exploitation in antimony industry in recent years, thus further improving industry concentration and reducing antimony ore production and export quotas. The country produced about 201,000 tons of antimony products in 2015, a year-on-year drop of 14.4%, 139,000 tons in Jan-Aug 2016, a 3.7% fall from a year ago, and an estimated 200,000 tons in full-year 2016. In 2016, export quotas for antimony (including antimony alloy) and its products were 5,673 tons and for antimony oxide 54,400 tons, down 36.6% and 8.4% over the previous year, respectively.

In China, 49% of antimony products serve as flame retardants, 16% as lead-acid battery, 16% as stabilizers for plastics, and 10% as catalysts. Due to sluggish domestic demand caused by depressed downstream consumption and weak foreign demand, the country’s antimony consumption fell by 9.4% from a year ago to about 58,000 tons in 2015. Meanwhile, the quoted prices for antimony products also experienced different degrees of decline.

To boost the market, the State Reserve Bureau has included antimony into the national purchase and storage program, purchasing 10,000 tons of antimony ingot at premium prices in 2016. Thanks to favorable policies, the prices of antimony products also saw varying levels of rise in 2016, exceeding the level in the same period of last year by Oct 2016. In addition, as the downstream markets pick up, the consumption of antimony products is expected to rebound, reaching 65,000 tons in 2016.

There are roughly 71 antimony producers in China, of which Hsikwangshan Twinkling Star, Hunan Gold Corporation Limited, Guangxi China Tin Group, China Antimony Corporation, GuizhouDongfeng Mining Group Co., Ltd. together contribute more than 80% of the country’s total production.

Hunan Gold has 30,000 t/a refined antimony smelting production lines and 30,000 t/a multi-variety antimony oxide production lines. The company produced 30,794 tons of antimony products in 2015 and 14,522 tons in the first half of 2016, gaining by 4.54% compared with the same period last year, including 3,867 tons of refined antimony and 8,343 tons of antimony oxide.

China Antimony Industry Report, 2016-2020 highlights the followings:
Global antimony industry (reserves, production, and demand structure);
Antimony industry in China (policy environment, production, consumption structure, price trend, competitive landscape, development forecast, import & export, downstream industries);
13 antinomy industry-related enterprises in China (profile, export quotas, etc.)

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