Morocco has drawn an increasing amount of interest for its antimony resources as companies rush to develop deposits.
Xtract Resources PLC (LON: XTR) (FRA: R9XN) just secured a major boost for its operations in the country. The London-listed company announced on Jun. 2 that its 80 per cent-owned subsidiary Wildstone SARL received a 10-year renewable mining licence for the Amghas antimony project in the nation’s Khenifra Province.
Xtract has started moving processing equipment from capital city Casablanca to the site. The team submitted paperwork for a processing permit to set up a gravity plant that can handle 70,000 tonnes per year. This plant will treat ore from Amghas while other feed material gets purchased from local small-scale miners. The plant serves as the first step toward a larger central processing facility.
Workers have completed rehabilitation of the old underground mine, which last operated in the late 1950s. They have mapped high-grade antimony veins that historically returned grades above 40 per cent antimony (Sb).
Test work shows the ore can produce concentrates with up to 65 per cent Sb. The company aims to start producing and selling this critical mineral concentrate by the fourth quarter of 2026.
Wildstone in Morocco getting ready for production: mines and faces being prepared; Gravity Plant being relocated and sized up. @ResourcesXtract to be Antimony producer in Morocco and Copper producer in Zambia. #XTR #Antimony #Copper #Morocco #Zambia pic.twitter.com/1JDrxRj0LG
— Colin Bird (@ColinBirdMining) May 31, 2026
Read more: NevGold Corp. reports antimony grades up to 53.7 per cent at Nevada project
Broader domestic antimony prospecting ramps up
Xtract shares the spotlight with fellow juniors Zeus Resources Ltd (FRA: ZEU) (ASX: ZEU) and Critical Mineral Resources PLC (LON: CMRS) (FRA: 98J), which also hold promising ground and trading deals in the region.
Zeus controls the 100 per cent-owned Casablanca Antimony Project. It covers six licences over about 79 square kilometres in central Morocco. The team has reported rock chip samples as high as 61.9 per cent antimony, with a mapped mineralised trend longer than 4 kilometres. In early 2026, Zeus delivered strong trenching results, including 2 metres at 22.69 per cent antimony, and continues advancing the project with more trenching and plans for maiden drilling.
Critical Mineral Resources has taken a different route focused on trading. The London-listed company signed its first exclusive offtake agreement in December of 2024. Under the deal, which renews every six months, CMRS buys all high-grade antimony ore (over 10 per cent Sb) from a small-scale Moroccan miner. This gives them immediate access to material. While the company has not issued specific renewal announcements, such short-term renewable contracts typically continue quietly.
These ongoings highlight Morocco’s appeal, attributable to accessible high-grade veins, existing small-scale mining networks and paths to quick production or revenue through trading.
Nonetheless, Xtract’s newly attained mining licence and plant setup stand out as the most advanced steps right now.
Near-term production assets attract attention elsewhere
Morocco is not alone in drawing intrigue. Investors are currently watching several near-term antimony assets elsewhere as demand remains elevated, particularly in the United States. Demand is surging due to its critical role in flame retardants, lead-acid batteries, solar tech, semiconductors and military applications.
In Idaho, the Stibnite Gold Project being constructed by Perpetua Resources Corp (TSE: PPTA) (NASDAQ: PPTA) stands out as one of the largest known antimony deposits outside China.
Moreover, NevGold Corp (CVE: NAU) (OTCMKTS: NAUFF) (FRA: 5E50) continues to push its Limousine Butte antimony-gold operation toward potential production as early as 2027. The brownfield site benefits from having crushed and run-of-mine material already stacked and ready for convenient extraction.
Additionally, Resolution Minerals Ltd (OTCMKTS: RLMLF) (FRA: NC3) (ASX: RML) has earned FAST-41 status for its Horse Heaven antimony project, which speeds up permitting. Attaining this designation signals strong government support and brightens the site’s future outlook among market observers.
Read more: NevGold launches 20,000-metre drill campaign at Nevada antimony-gold project
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