Military Demand Drives Antimony Prices: Hertz Energy’s Strategic Position
FULL DISCLOSURE: This is sponsored content for Hertz Energy.
In this interview, Kal Malhi, CEO and Director of Hertz Energy Inc. (CSE: HZ), provides insights into the company’s strategic shift towards antimony exploration and the broader market dynamics influencing this decision.
Malhi begins by highlighting Hertz Energy’s recent transition to focus on antimony, a critical metal with growing demand. He emphasizes antimony’s crucial role in various applications such as military uses, high-tech gadgets, and solar panels.
This diverse demand base, coupled with China’s export restrictions, creates a compelling market opportunity for antimony producers outside of China. Hertz is currently exploring two antimony properties in Quebec and New Brunswick, including the past-producing Lake George antimony mine, which they are interested in acquiring.
With recent rate cuts, Malhi is optimistic about capital flowing back into the junior markets, creating opportunities for companies like Hertz to advance their projects.
FULL DISCLOSURE: Hertz Energy is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is currently long the equity of Hertz Energy. The author has been compensated to cover Hertz Energy on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. We may buy or sell securities in the company at any time. Always do additional research and consult a professional before purchasing a security.
