Many minor metals rose over the past week as volumes increased post-summer slowdown, and antimony hit a fresh record high on renewed supply tightness.Since late June, traders have bemoaned the lack of business as many factories and consumers were closed for the summer holiday season. But there are now signs of improving conditions.

In the face of this major decline in output and given the antimony trioxide flame retardant industry continues to grow at 8% per year, and as new uses for the strategic metal including window frames for building construction and additives to carbon fiber components emerge, the market price is expected to continue rising.

AMG has signed a definitive agreement to acquire significant antimony mining rights and adjacent antimony metal smelter in Turkey for a total investment of up to approximately $20 million, including the assumption of certain liabilities, other operational improvements, and options to acquire additional mining rights.

Antimony trioxide exporters are raising their offers gradually as domestic antimony trioxide offers keep high-held though overseas customers are hesitating to antimony market. Sources reported that offers for antimony trioxide increases again dragged by the price increase of antimony ingot.

Antimony ingot price skyrockets in China propped up by supply tightness. Many producers take the view that the price may hit new high in September. Now, let's take a look at antimony trioxide. Export prices of antimony trioxide have been surging up in China since late last week. Sources reported that international demand is showing some signs of strengthening.

Bucking the overall trend, antimony ANT-LON grade 99.65, used as a fire-proofing ingredient, rose to a fresh three-month high at about $9,350 a tonne from $9,325 a tonne last week."My guess is that Chinese are going to ratchet this up, and it'll probably go to $12,000."said one trader. "You really have to fight to buy 20 tonnes." This is a joke. We used to buy 100-tonne lots.