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A N T I M O N Y : ITS HISTORY, CHEMISTRY, MINERALOGY ...

A N T I M O N Y : ITS HISTORY, CHEMISTRY, MINERALOGY ...

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202 THE METALLUEGY OF ANTIMONY.<br />

Now the sudden fall of the metal from its normal rate of about<br />

£40 to £35 may be due to the following causes *;—<br />

(a) The market for needle antimony had, to a large extent, been<br />

artificially sustained by a considerable proportion of the Chinese output<br />

being held in strong hands on the Continent. With the appearance<br />

of larger quantities of ore from North Africa, Turkey, and<br />

Australia, the holders became afraid, and needle antimony was allowed<br />

to drop.<br />

(b) The decline was accelerated by financial depression in the<br />

United States, and a consequent diminution of demand.<br />

France<br />

Italy<br />

Mexico<br />

Germany<br />

FIG. 66.<br />

I^Africa<br />

i 1<br />

1•<br />

Spain.<br />

Hungary<br />

Japan<br />

Lfnitcd<br />

States<br />

| Australia<br />

Within the last few years Japan has ceased to be a factor in the<br />

antimony market. The United States cannot produce antimony<br />

with profit at prices below 20 c. per lb. Australia and China are<br />

likely to become the principal producers of antimony ores. Perhaps,<br />

with better facilities of transportation, the South American mines<br />

could be worked with profit.<br />

• From p. 124, The Eng. and Min. Journal, Jan. 1908.

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