Military Metals' Slovak antimony project exploration licence revoked
2026-06-03 10:54:16 [Print]
Military Metals is contesting a decision by Slovakian environmental authorities to revoke the company's exploration licence for the Trojarova antimony-gold project.
In a statement this week, the Canadian explorer said the Ministry of the Environment of the Slovak Republic had cancelled the Trojarova licence "without appropriate justification" and that it would "pursue all legal avenues" to challenge the decision.
Located near the capital city Bratislava, Trojarova is an advanced-stage exploration project with a substantial mining history. According to the company's website, the project is likely a continuation of the former Pezinok mine, one of Europe's most significant antimony producers, with a history spanning more than 200 years.
Military Metals acquired the project in late 2024, driven by the growing global importance of antimony supply in light of export restrictions imposed by top producer China. At the time, the company said it saw potential for rapid advancement at the project, citing its past role as a key supplier to the Soviet Union as well as Slovakia's robust mining infrastructure.
The Trojarova project currently holds a historic resource defined during the Soviet era, totalling 415,000 tonnes grading 0.162% antimony and 1.148 g/t gold, based on underground exploration data.
In a statement this week, the Canadian explorer said the Ministry of the Environment of the Slovak Republic had cancelled the Trojarova licence "without appropriate justification" and that it would "pursue all legal avenues" to challenge the decision.
Located near the capital city Bratislava, Trojarova is an advanced-stage exploration project with a substantial mining history. According to the company's website, the project is likely a continuation of the former Pezinok mine, one of Europe's most significant antimony producers, with a history spanning more than 200 years.
Military Metals acquired the project in late 2024, driven by the growing global importance of antimony supply in light of export restrictions imposed by top producer China. At the time, the company said it saw potential for rapid advancement at the project, citing its past role as a key supplier to the Soviet Union as well as Slovakia's robust mining infrastructure.
The Trojarova project currently holds a historic resource defined during the Soviet era, totalling 415,000 tonnes grading 0.162% antimony and 1.148 g/t gold, based on underground exploration data.
Sodium Pyroantimonate 58.4% Delivered China
Unit:RMB/mt
China antimony ingot producers' inventory to production ratio statistics by province by month
Unit: %
