The Secret Metal That Helped Win WWII is Back, And Prices Are Soaring

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More than 100 years ago, a ship left a Nova Scotia harbor carrying a precious cargo that few today would recognize as valuable. The crew, full of optimism, was bound for Wales hoping that the metal ...

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The crew, full of optimism, was bound for Wales hoping that the metal ...</p>\n\n<a href=\"https://finance.yahoo.com/news/secret-metal-helped-win-wwii-000000457.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Secret Metal That Helped Win WWII is Back, And Prices Are Soaring</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Secret Metal That Helped Win WWII is Back, And Prices Are Soaring\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-25 08:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/secret-metal-helped-win-wwii-000000457.html><strong>Oilprice.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>More than 100 years ago, a ship left a Nova Scotia harbor carrying a precious cargo that few today would recognize as valuable. The crew, full of optimism, was bound for Wales hoping that the metal ...</p>\n\n<a href=\"https://finance.yahoo.com/news/secret-metal-helped-win-wwii-000000457.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4566","symbol_name":"资本集团","start_time":0,"source_url":"https://finance.yahoo.com/news/secret-metal-helped-win-wwii-000000457.html","article_id":"2486941745","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/VDHAXTKriwnrEN5VH8jW1w--~B/aD01NDA7dz01NDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/oilprice.com/5015df855adcd38cc7d61d9a328f9ff8"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2486941745","pubTimestamp":1732492800,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"More than 100 years ago, a ship left a Nova Scotia harbor carrying a precious cargo that few today would recognize as valuable. The crew, full of optimism, was bound for Wales hoping that the metal they carried would lead them to riches. Unfortunately, they never made it.A German U-boat lurking in the cold Atlantic waters fired a torpedo and the ship went down, sinking to the ocean floor along with its mysterious cargo.At the time, the metal seemed unimportant, but its true value wasn’t fully realized until later. Fast forward to today and that same metal is critical to modern military and industrial applications. That metal, once forgotten at the bottom of the sea is not gold or silver, but antimony—a mineral that has become a key player in global conflicts and high-tech industries alike.Now, thanks to Military Metals Corp. , the very same mine in Nova Scotia that once produced this valuable metal is being re-visited. And it couldn’t have come at a more crucial time.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4566":"资本集团","RTX":"雷神技术公司","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","BK4132":"无线电信业务","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","WWII":"World Of Wireless International Telecom, Inc.","X":"美国钢铁","BK4588":"碎股","BK4550":"红杉资本持仓","BK4123":"调查和咨询服务","LU0320765646.SGD":"FTIF - Franklin Income A MDIS SGD-H1","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","LU1366192091.USD":"ALLIANZ US EQUITY PLUS \"AM\" (USD) INC","LDOS":"Leidos Holdings Inc","BK4561":"索罗斯持仓","MT":"安赛乐米塔尔","LMT":"洛克希德马丁","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","LU1699723380.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"AP\" (USD) ACC","LU1244550221.USD":"FRANKLIN GLOBAL MULTI-ASSET  INCOME \"A\" (USDHEDGED) INC (M)","LU1244550577.SGD":"FTIF - Franklin Global Multi-Asset Income A (Mdis) SGD-H1","LU0006061336.USD":"Blackrock US Small and MidCap Opportunities A2 USD","GRO":"Brazil Potash Corp.","BK4006":"钢铁","LU1244550494.USD":"FRANKLIN GLOBAL MULTI-ASSET INCOME \"A\" (USDHEDGED) ACC","UUUU":"Energy Fuels Inc","NOC":"诺斯罗普格鲁曼","BK4516":"特朗普概念","BK4187":"航天航空与国防","LU0072461881.USD":"BGF US BASIC VALUE \"A2\" ACC","BK4564":"太空概念","BK4532":"文艺复兴科技持仓","MILIF":"MILITARY METALS CORP.","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","LU1929549753.HKD":"FRANKLIN INCOME \"A\" (HKD) INC","LU0162691827.USD":"BGF US BASIC VALUE \"A4\" INC","HII":"亨廷顿英格尔斯工业","BK4520":"美国基建股","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","BK4585":"ETF&股票定投概念","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC"},"translate_title":"帮助赢得二战的秘密金属又回来了，价格飙升","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WWII":1,"RTX":1,"NOC":1,"MT":1,"MILIF":1,"LMT":1,"GRO":1,"HII":1,"LDOS":1,"X":0.9,"UUUU":0.9},"content_text":"More than 100 years ago, a ship left a Nova Scotia harbor carrying a precious cargo that few today would recognize as valuable. The crew, full of optimism, was bound for Wales hoping that the metal they carried would lead them to riches. Unfortunately, they never made it.\nA German U-boat lurking in the cold Atlantic waters fired a torpedo and the ship went down, sinking to the ocean floor along with its mysterious cargo.\nAt the time, the metal seemed unimportant, but its true value wasn’t fully realized until later. Fast forward to today and that same metal is critical to modern military and industrial applications. That metal, once forgotten at the bottom of the sea is not gold or silver, but antimony—a mineral that has become a key player in global conflicts and high-tech industries alike.\nThis shipwreck might sound like an intriguing piece of history, but it’s far more than that. It’s a reminder of how vital antimony has been and continues to be for national security and economic stability.\nNow, thanks to Military Metals Corp. (CSE:MILI; OTCQB:MILIF), the very same mine in Nova Scotia that once produced this valuable metal is being re-visited. And it couldn’t have come at a more crucial time.\nAntimony: The Unsung Hero of Modern Warfare\nAntimony might not be a household name, but it’s been an essential material in warfare for centuries. During both World War I and World War II, antimony was used in everything from bullet casings to explosives.\nToday, it’s more important than ever. According to the U.S. Geological Survey, American manufacturers use over 50 million pounds of antimony each year.\n\nThat’s because antimony is a critical component in the production of semiconductors, batteries, and solar panels. From electronics to renewable energy, the modern world runs on antimony.\nIn short, antimony is critical to both offensive and defensive operations. Any disruption to the supply of this key mineral could have devastating effects on national security.\nThe Growing Threat of an Antimony Shortage\nThis is where things get concerning. For decades, the U.S. has relied on antimony imports from China. In fact, China controls nearly 50% of antimony mining and 80% of the world’s antimony production. This has put the U.S. in a precarious position, especially as tensions with China continue to rise.\nThe U.S. military is well aware of the risks. The Pentagon has been scrambling to secure a domestic source of antimony, recognizing that losing access to this vital mineral could severely impact America’s ability to defend itself.\nThat’s why Military Metals (CSE:MILI; OTCQB:MILIF) is stepping in at the perfect moment.\nThe company has taken a bold step with their plans to redevelop the historic West Gore Antimony Project in Nova Scotia. This mine was once a key source of antimony during both World War I. Today, it stands as one of the few potential sources of antimony in North America.\nThe company has also recently acquired one of Europe’s largest antimony deposits with a historical resource in Slovakia which could prove even more promising as tensions between Russia and Europe escalate.\n\nThe above table is data from their recent Slovakian acquisition and helps to show the potential in situ value of Military Metals.\nSimply multiply the antimony tons (60,998) by the current spot price ($38,000) to arrive at a total of $2,000,000,000 in situ value of antimony in the ground. The company is merely $23 million at its current market cap with a healthy cash position. Also, the average grade of the resource is 2.478%, which is considered very high for antimony. Most antimony is produced at low grades as a by-product of some gold deposits.\nBy comparison, Perpetua Resources, which is in the process of receiving a $1.86-billion government loan to develop their strategic resource, is valued at around $700 million with 90,000 tons of antimony.\nBy announcing the definitive agreement on Slovakia assets as well as acquiring the West Gore project in North America, Military Metals Corp. is positioning itself as a critical player in the fight to secure domestic antimony production.\nThe company’s CEO, Scott Eldridge, has stated, “The acquisition of the West Gore Antimony Project demonstrates our strategy of becoming a significant global antimony player.”\nEldridge understands the importance of antimony not just for military use, but also for a wide range of industrial applications. He’s betting that as tensions with China escalate, the value of domestically produced antimony will skyrocket.\nThis isn’t just speculation. The U.S. government has already started investing heavily in securing domestic sources of critical minerals, including antimony. And Military Metals Corp., with its historic West Gore project, is perfectly positioned to capitalize on this growing demand.\nThe Strategic Importance of Domestic Antimony Production\nThe potential reopening of the West Gore mine is more than just a business opportunity. It’s a strategic move to safeguard North America’s supply of a mineral that could decide the outcome of the next global conflict.\nAntimony is on the U.S. government’s list of critical minerals, and for good reason. Without it, the military cannot produce the advanced weapons systems needed to defend the country. As China tightens its grip on global antimony production, securing a domestic source has become a matter of national security.\nMilitary Metals (CSE:MILI; OTCQB:MILIF) West Gore project is one of the only known sources of antimony in North America. This puts the company in a unique position to benefit from government initiatives aimed at stockpiling critical minerals.\nWith billions of dollars being allocated to secure domestic mineral supplies, companies like Military Metals Corp. stand to gain substantial financial support.\nBut it’s not just the government that’s interested. The private sector is also waking up to the importance of antimony. As industries like renewable energy and tech continue to grow, demand for antimony will only increase. And with China controlling most of the world’s supply, companies that can produce antimony domestically will be in high demand.\nAntimony-Focused Strategy\nThe company has made it clear that it’s focused on acquiring and developing antimony resources across North America and with their latest definitive agreement announcement on two Antimony projects in Europe, they have a chance to be a global powerhouse. This strategy is designed to potentially make them one of the leading suppliers of antimony outside of China.\nWith the global antimony market expected to grow significantly in the coming years, Military Metals Corp. is positioning itself as a key player in what could be one of the most critical supply chain battles of the 21st century.\nIn addition to the definitive agreement for Slovakian assets, the company is actively exploring additional opportunities to acquire other antimony assets, ensuring that it remains at the forefront of this growing industry.\n Five Reasons to Keep an Eye on Military Metals Corp.\n\n A Historic Mine with Modern Relevance\n\nMilitary Metals Corp. controls the West Gore mine, a site with a rich history of supplying antimony during both World War I. Now, with China restricting exports, the mine’s strategic importance is greater than ever.\n\n Military and Industrial Demand\n\nAntimony is essential for military hardware, including everything from bullets, explosives, missiles to night vision goggles. But it’s also critical for the production of semiconductors, batteries, and solar panels, making it indispensable for both defense and industry.\n\n China’s Stranglehold on Supply \n\nWith China controlling the majority of the world’s antimony supply, the U.S. is in a vulnerable position. Military Metals Corp. is one of the few companies with a domestic antimony project, making it a key\nplayer in securing North America’s supply. They also have recently closed on their flagship European asset with a 60,998 ton historical resource of antimony.\n\n Government Support for Critical Minerals\n\nThe U.S. government has already started investing heavily in securing domestic sources of critical minerals, including antimony. Military Metals Corp. is well-positioned to benefit from these initiatives, especially as tensions with China continue to rise.\n\n Rising Demand Across Multiple Industries \n\nAntimony is essential not just for military applications but also for renewable energy, electronics, and other high-tech industries. As demand for these products grows, so too will the demand for antimony.\nFinal Thoughts for Investors\nAs the world faces growing geopolitical tensions and supply chain disruptions, the importance of securing critical minerals like antimony cannot be overstated.\nThe company is emerging as a key player in this high-stakes race, with its historic West Gore project leading the charge and potentially one of EU’s largest historical deposits of antimony.\nWith China tightening its grip on global antimony supply, now is the time to pay attention to companies like Military Metals Corp. The future of modern warfare, renewable energy, and high-tech industries may very well depend on it.\nOther companies to keep a close eye on:\nUnited States Steel (NYSE: X)\nUnited States Steel is an integrated steel producer with major operations in the United States and Central Europe. As a major steel supplier to the automotive, appliance, construction, and energy sectors, U.S. Steel plays a vital role in the U.S. economy. A strong domestic steel industry is essential for maintaining a robust manufacturing base, which contributes to national security by ensuring the ability to produce critical equipment and infrastructure. \nU.S. Steel's production capacity and focus on research and development are crucial for meeting the evolving demands of the defense industry. Their ability to produce advanced high-strength steels and other specialized steel products is essential for constructing modern military vehicles, ships, and infrastructure. \nU.S. Steel is committed to investing in its workforce and communities, contributing to the long-term viability of the U.S. steel industry. By providing good-paying jobs and supporting the economic well-being of communities, U.S. Steel helps ensure the domestic manufacturing base remains strong. \nArcelorMittal (NYSE: MT)\nArcelorMittal is the world's leading steel and mining company with a significant presence in the United States. Their vast production capacity and global reach make them a critical supplier of steel to various industries, including the defense sector. ArcelorMittal produces a wide range of steel products, from basic sheet steel to specialized high-strength alloys, essential for manufacturing vehicles, ships, and infrastructure. \nArcelorMittal's commitment to research and development keeps them at the forefront of steelmaking technology. This is crucial for meeting the evolving demands of the defense industry, which requires advanced materials to produce lighter, stronger, and more resilient equipment. \nArcelorMittal's focus on sustainability and responsible sourcing is vital for the long-term viability of the steel industry. By minimizing its environmental impact and promoting ethical labor practices, ArcelorMittal contributes to a responsible and sustainable defense supply chain.\nEnergy Fuels (NYSE American: UUUU)\nEnergy Fuels is a leading U.S.-based uranium mining company, operating the only conventional uranium mill in the United States. With a diverse portfolio of uranium mines and projects across the Western U.S., they are a crucial player in the U.S. nuclear fuel cycle. Energy Fuels also produces vanadium, a metal used in high-strength steel alloys and aerospace applications. \nThe company plays a vital role in ensuring a secure and reliable domestic supply of uranium, which is essential for nuclear power plants that provide a significant portion of the nation's electricity. This reduces reliance on foreign sources of nuclear fuel and strengthens energy security.\nFurthermore, Energy Fuels contributes to national security by supporting the domestic uranium industry. Maintaining this capability is crucial for the long-term viability of the nation's nuclear deterrent, reducing dependence on foreign sources of this strategically important material. \nLockheed Martin (NYSE: LMT)\nLockheed Martin is a global security and aerospace leader with approximately 114,000 employees worldwide. The company focuses on the research, design, development, manufacture, integration, and sustainment of advanced technology systems, products, and services. As the world's largest defense contractor, Lockheed Martin plays a critical role in the defense of the United States and its allies. \nLockheed Martin's portfolio includes renowned products like the F-35 fighter jet, the C-130 Hercules transport aircraft, and the THAAD missile defense system. The company is also a significant player in the space industry, notably developing the Orion spacecraft for future crewed missions to Mars. This diverse range of offerings makes Lockheed Martin a cornerstone of the U.S. defense industrial base. \nThe company's commitment to technological innovation is evident in its investments in hypersonic weapons, AI and machine learning, and cybersecurity. Lockheed Martin is also focused on expanding its international business, pursuing opportunities in Europe, the Middle East, and Asia. This dedication to growth and innovation ensures Lockheed Martin remains a leader in the global security and aerospace sector. \nNorthrop Grumman (NYSE: NOC)\nNorthrop Grumman is a leading global security company with 90,000 employees. They provide innovative solutions in autonomous systems, cyber, C4ISR, space, strike, and logistics and modernization to customers worldwide. Northrop Grumman is known for its expertise in developing cutting-edge technologies, including stealth aircraft, unmanned aerial vehicles (UAVs), and missile defense systems. \nAs a major partner to the U.S. government and its allies, Northrop Grumman provides essential capabilities for maintaining national security. Their expertise in developing cutting-edge technology is vital in addressing evolving global threats. The company's work in cybersecurity and autonomous systems is particularly noteworthy, shaping the future of warfare. \nNorthrop Grumman is committed to research and development, ensuring customers have access to the latest technologies. They are also focused on delivering value to shareholders through organic growth and strategic acquisitions, maintaining a strong balance sheet, and returning capital through dividends and share repurchases. \nRaytheon Technologies (NYSE: RTX)\nRaytheon Technologies is an aerospace and defense company formed in 2020 through the merger of Raytheon Company and United Technologies Corporation. With 180,000 employees, the company provides advanced systems and services for commercial, military, and government customers worldwide. Raytheon Technologies operates through four segments: Collins Aerospace Systems, Pratt & Whitney, Raytheon Intelligence & Space, and Raytheon Missiles & Defense. \nAs a leader in the aerospace and defense industry, Raytheon Technologies develops and produces a wide range of products, including aircraft engines, avionics, cybersecurity solutions, missile defense systems, and space systems. These products and services are used by customers in over 150 countries. \nRaytheon Technologies is committed to maintaining its technological edge through significant investment in research and development. The company plays a vital role in the global aerospace and defense industry, ensuring the safety and security of people around the world while contributing substantially to the U.S. economy. \nHuntington Ingalls Industries (NYSE: HII)\nHuntington Ingalls Industries is America's largest military shipbuilding company, with 42,000 employees. They design, build, and maintain nuclear-powered aircraft carriers and submarines, and provide after-market services for military ships globally. Huntington Ingalls also provides mission-critical national security solutions to government and commercial customers. \nHuntington Ingalls Industries is the sole builder of aircraft carriers for the U.S. Navy and one of only two companies that build nuclear-powered submarines. The company's shipbuilding expertise is critical to the U.S. Navy's ability to maintain its global presence and protect national interests. Huntington Ingalls is also a major provider of technical and management services to the U.S. government.\nHuntington Ingalls is committed to delivering quality products and services while investing in new technologies to improve its shipbuilding capabilities. The company is a vital part of the U.S. defense industrial base and a key contributor to national security. \nLeidos (NYSE: LDOS)\nLeidos is a major player in the national security arena, providing innovative solutions to the Department of Defense and intelligence agencies. Their work in artificial intelligence, machine learning, and big data analytics is transforming how these agencies operate and make critical decisions. \nLeidos is also a leader in the civil market, offering a wide range of services to government agencies and commercial customers in areas like transportation, energy, and healthcare. This diverse portfolio demonstrates their ability to adapt and innovate across sectors. \nWith a strong commitment to its employees and the communities it operates in, Leidos is a responsible corporate citizen. Their focus on sustainability and environmental stewardship further solidifies their position as a valuable partner to its customers. \nBy Josh Owens\n**IMPORTANT! 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