Current high gold prices are unlikely to have any short-term impact on prices or supplies of antimony, but supplies of antimony may tighten in the longer term, sources told Fastmarkets.

The use of antimony in photovoltaics is expected to surpass its flame-retardant usage to become the major downstream use for the metal and will change the supply-demand balance in the antimony industry

Russia's invasion of Ukraine and the unfolding Western sanctions are expected to worsen the situation for antimony concentrate supplies, adding extra pressure to an already tight market for the metal and its derivative trioxide