Larvotto begins gold, antimony production at Hillgrove

AI desk brief

Larvotto Resources has produced first gold and antimony concentrate at Hillgrove, marking commissioning progress at a project expected to become Australia’s largest antimony producer. The mine is forecast to produce about 4,900 tonnes of antimony and 40,500 oz of gold annually over an initial eight-year life, with binding offtake secured with Wogen Resources for antimony and Glencore for gold concentrate.

The key market angle is antimony supply: Hillgrove is expected to supply roughly 7% of global requirements, underscoring the tightening supply backdrop and the strategic value of new non-China sources for Western buyers. Larvotto is now focused on ramp-up to nameplate capacity and potential life extension, while the gold output adds secondary precious-metals exposure.