Trigg Minerals (ASX:TMG) Strengthens Leadership for Antimony Project Expansion

December 11, 2024 05:03 PM AEDT | By Team Kalkine Media

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Trigg Minerals (ASX:TMG) Strengthens Leadership for Antimony Project Expansion — Image source: Shutterstock

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Highlights

Trigg Minerals (TMG) appoints a seasoned advisor to enhance its antimony projects.

Wild Cattle Creek is positioned as a key resource in Australia’s critical minerals supply chain.

China's export restrictions on antimony heighten the strategic importance of these projects.

Trigg Minerals (ASX:TMG) has reinforced its strategic capabilities by appointing Andre Booyzen as Senior Antimony Strategic Advisor. With over two decades of experience in mining operations and executive roles, Mr. Booyzen brings a wealth of expertise to guide the development of Trigg’s antimony portfolio, including the high-grade Wild Cattle Creek deposit in New South Wales.

Mr. Booyzen previously served as Vice President at Mandalay Resources, where he oversaw operations at the Costerfield Gold-Antimony Mine from 2010 to 2017. His responsibilities included product sales, offtake agreements, and negotiation strategies, which proved pivotal to the mine's performance. This experience aligns well with Trigg's goals of advancing its Achilles Project, which includes Wild Cattle Creek, one of Australia’s most promising undeveloped antimony resources.

The Achilles Project holds strategic importance as it addresses the global demand for antimony and tungsten, critical minerals essential for industries such as energy storage and defense. These materials are in sharper focus following China’s decision to tighten its export restrictions, a move that has disrupted the global supply chain.

Trigg Minerals’ Executive Chairman Timothy Morrison emphasized the importance of Mr. Booyzen's appointment in positioning the company to capitalize on the evolving antimony market. He highlighted that Wild Cattle Creek represents a unique opportunity for Australia to contribute to the Western world’s supply of these critical minerals amid rising global prices.

"Andre’s extensive background with Mandalay Resources and his hands-on experience in developing antimony operations will significantly benefit Trigg Minerals as we advance our New South Wales projects," Mr. Morrison said.

Recent market dynamics further bolster Trigg’s strategic focus. Antimony prices have surged, reaching highs of $38,000 per tonne in 2024, driven by supply constraints. As one of the few primary antimony deposits outside China, Wild Cattle Creek holds the potential to meet increasing demand while reinforcing Australia’s role in the critical minerals sector.

Trigg Minerals remains committed to unlocking the full potential of its antimony assets. With strengthened leadership and a favorable market environment, the company is poised to play a vital role in addressing the global critical minerals challenge.

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