Antimony Ingot & Antimony Trioxide (Sb₂O₃)
Antimony metal ingot (ASTM B237) and Sb₂O₃ for solar PV glass fining, defense munitions and flame retardants
Between late 2024 and 2026, antimony underwent the most acute structural supply squeeze in minor metals history. Historically trading in a predictable band of $6,000–$12,000/MT, spot metal erupted to $25,000–$35,000/MT in late 2024 following China Ministry of Commerce (MOFCOM) Announcement No. 33 of 2024 imposing sweeping dual-use export controls on stibnite, antimony metal ingots, and trioxides, tightened further on 3 December 2024. In mid-2025, spot European warehouse warrants touched peak short squeezes of $60,000–$63,000/MT before consolidating at an elevated structural floor of $22,000–$27,500/MT CIF Western Gateway. This high-altitude plateau is underpinned by an inelastic clash between the cleantech transition and defense decoupling: bifacial N-type TOPCon and HJT solar modules require 35,000–45,000 MT/year of Sb₂O₃ as a redox fining agent, while Western defense procurement faces urgent replenishment demands for kinetic munitions primers and projectile hardening.
Antimony Metal Ingot (HS 8110.10) is contracted against ASTM B237 and GB/T 1599-2014 standards: Grade A (Sb99.85 / 0#, As ≤ 0.05%, Pb ≤ 0.10%, Fe ≤ 0.015%, S ≤ 0.040%), Grade B (Sb99.65 / 1#, As ≤ 0.10%, Pb ≤ 0.15%, Fe ≤ 0.020%), and Commercial Grade C (Sb99.50 / 2#). While refined ingots historically exhibit a prominent crystalline fern-like surface ("star pattern" or Regulus of Antimony formed under a starring flux slag blanket), CBIL enforces strict ICP-OES and Spark-OES laboratory assays; visual starring can be artificially induced despite prohibitive arsenic or bismuth contamination. Antimony Trioxide (Sb₂O₃, HS 2825.80) is segmented by end-use crystallography and trace chemistry: Ultra-Clear Solar PV Glass Grade demands Fe₂O₃ ≤ 30 ppm (with reject > 50 ppm) to chemically oxidize near-infrared-absorbing ferrous iron (Fe²⁺ at 1,050 nm) to pale ferric iron (Fe³⁺ at 380–420 nm), maximizing solar transmission; PET Catalytic Grade requires Sb₂O₃ ≥ 99.85%, As ≤ 30 ppm, Pb ≤ 10 ppm, and complete ethylene glycol solubility without turbidity; and Flame Retardant Grade requires purity ≥ 99.5%, Hunter whiteness L* ≥ 97.0%, and average particle size 0.8–1.2 µm.
To navigate Chinese export licensing constraints and ensure uninterrupted supply for Western defense, aerospace, and energy transition prime contractors, CBIL structures procurement across neutral, verified non-Chinese corridors: Tajikistan's Anzob complex (Jidjikrut deposit, ~22,000–26,000 MT/year Sb capacity) routed via the Trans-Caspian International Transport Route (TITR / Middle Corridor: Aktau/Kuryk to Baku to Poti); the modern 20,000 tpa nameplate roaster at the Sohar Freezone in Oman; Bolivian hand-sorted crude and flotation parcels (COPSA / Altiplano cooperatives) shipped via the Chilean ports of Arica and Antofagasta; and Turkish integrated pyrometallurgical capacity (Özdemir / Cengiz Holding) via Samsun and Mersin. Parcels move in 20-foot dry containers (20–25 MT per container) in steel-strapped wooden cases, 25 kg bags, or 1,000 kg FIBCs, executed against certified End-User Certificates (EUC) and independent surveyor assay (SGS or Alfred H Knight).
Excluded origins are not offered, including product re-exported, blended or re-processed through a third country. Every lot moves with a certificate of origin naming the producing plant, mine or grower country, and nothing is quoted before the seller and loading point are known.
Indicative reference
$22,000–$27,500 (Spot CIF Gateway) USD / MT
as at September 2026
Reference level only — not an offer, and reviewed quarterly. Levels shown are as at September 2026. Firm pricing is quoted per RFQ, subject to volume, terms and inspection.

Typical Specification
Specifications are indicative and adjusted to the agreed contract and destination requirements. Final spec confirmed on COA / SGS.
Available Grades
Applications
- Solar PV glass fining & redox decolorization (2.0mm/3.2mm tempered glass)
- Kinetic munitions: percussion primers (PA-101) & lead-antimony bullet cores
- Mid-Wave Infrared (MWIR) optics: Indium Antimonide (InSb) focal plane arrays
- Halogenated synergistic flame retardants (PBT, ABS, PA66, PCBs)
- PET bottle & textile fiber polycondensation catalysis
- Next-generation stationary grid storage (Ambri liquid metal batteries)
- Heavy-duty deep-cycle lead-antimony industrial battery grids
Category
Metals & Recycled Scrap
Incoterms
FOB · CFR · CIF
Pricing basis
USD / MT
Inspection
SGS / Intertek at load port
Antimony Ingot & Antimony Trioxide (Sb₂O₃) — buyer questions
Why did antimony prices surge from $12,000 to over $30,000/MT in 2024–2026?
In August and December 2024, China's MOFCOM enacted strict dual-use national security export controls on raw stibnite ores, refined ingots, and high-purity trioxides, sequestering over 48% of global mined output and 70% of refined capacity. Concurrently, solar PV glass manufacturing expanded rapidly (consuming 35,000–45,000 MT/year of Sb₂O₃ as a fining agent), and Western defense primes required massive antimony volumes for kinetic munitions primers and projectile hardening, creating a severe structural deficit outside China.
What non-Chinese supply corridors does CBIL utilize for physical execution?
CBIL sources antimony from four primary non-Chinese corridors: Tajikistan (Talco/Anzob Jidjikrut mine, ~24,000 MT/year capacity) evacuated via the Trans-Caspian TITR Middle Corridor through Aktau, Baku, and Poti to Western Europe; Oman's 20,000 tpa SPMP Sohar smelter; Bolivian Altiplano mining cooperatives exported via Chilean Pacific ports (Arica/Antofagasta); and Turkish integrated operations (Özdemir/Cengiz Holding) via Samsun and Mersin.
Why is low iron (Fe₂O₃ ≤ 30 ppm) mandatory for solar photovoltaic glass fining?
In solar glass, divalent ferrous iron (Fe²⁺) strongly absorbs light in the near-infrared spectrum at 1,050 nm—the exact wavelength where crystalline silicon solar cells achieve peak photoelectric conversion. Antimony trioxide chemically oxidizes Fe²⁺ into trivalent ferric iron (Fe³⁺), which absorbs harmlessly in the UV/blue band. If the antimony trioxide itself contains excess iron (> 30–50 ppm), it degrades solar transmission, directly reducing solar panel wattage output.
What compliance documentation is required for antimony shipments?
Due to its dual-use classification in defense, ammunition, and infrared electro-optics, international antimony transactions require certified End-User Certificates (EUC) and non-military end-use declarations, accompanied by independent inspection certificates (SGS or Alfred H Knight) verifying ICP-OES elemental assay (As, Pb, Fe, S), brand verification, certificate of origin, and certified container packing lists.
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