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Highlights
- Trigg Minerals Limited (TMG) benefits as antimony is exempt from new US tariffs.
- Development of Australia’s richest undeveloped antimony resource continues.
- Strategic importance of antimony recognized amidst global security concerns.
Trigg Minerals Limited (ASX:TMG) has recently announced a significant development that positions the company advantageously on the global stage. As of April 5th, 2025, antimony, a critical mineral, has been exempted from the latest reciprocal tariff policy implemented by the US Government. This policy exemption was part of an executive order aimed at regulating imports that affect the US trade deficit.
Antimony's designation as a critical mineral by the US Geological Survey in 2022 underlines its pivotal role not just in the US, but globally, given its widespread applications in military, industrial, and other strategic sectors. This exemption from the new tariffs reflects the mineral's importance to global security and supply chains.
At the heart of Trigg Minerals' operations is the Wild Cattle Creek (WCC) deposit, located in Australia. This deposit is recognized as the highest-grade undeveloped primary antimony resource in the country, boasting 1.52 million tonnes containing approximately 29,900 tonnes of antimony. The potential of this site is still being tapped, as it remains open at depth and towards the west.
Plans are underway to further expand this resource. Trigg Minerals is setting the stage for a proposed drilling program aimed at not only expanding the antimony resource but also exploring the possibilities of high-grade antimony-tungsten veins and a potential new gold system. Additionally, a forthcoming geophysics program is expected to employ advanced techniques such as UAV sub-audio magnetic, electromagnetic, and 3D induced polarisation surveys. These efforts are geared towards enhancing targeting across the deposit and its possible extensions.
The strategic importance of the WCC deposit is further recognized and supported by incentives from both the NSW Government and the Australian Federal Government, particularly for critical minerals. These incentives, coupled with record-high prices for antimony, provide a robust development context for the deposit.
Timothy Morrison, the Executive Chairman of Trigg Minerals, expressed optimism about the developments. He remarked on the significance of this period for developing an antimony project in Australia, stating, “This exemption, in conjunction with government incentives and at a time of record high prices for antimony, sets a development context for our Wild Cattle Creek deposit unlike any non-conflict period in Australian history.”
The recognition of the strategic nature of the WCC deposit and the importance of antimony to global supply chains not only enhances Trigg Minerals’ standing in the industry but also underscores the broader geopolitical and economic significance of mineral resources management.
