Campine’s agile navigation through the trade war effects

Core Insights - Campine NV, a metals recycling and specialty chemicals company, is effectively navigating the impacts of trade wars, particularly in relation to U.S. tariffs on European products [1][2]. Company Developments - Campine's antimony trioxide (ATO) has been officially exempted from new U.S. import tariffs, allowing the company to maintain its service to U.S. customers without pricing disadvantages [2]. - The company has increased its ATO production capacity by 50% at its Belgian facility, raising its annual output potential to approximately 18,000 tons [3]. - Campine has become the world's largest supplier of antimony trioxide following Chinese government restrictions on antimony exports in September 2024 [5]. Market Conditions - The availability of antimony metal has improved due to expanded capacities from non-Chinese suppliers, stabilizing prices around $60,000 per ton [4]. - Despite a global shortage of ATO, some customers are attempting to reduce or substitute their ATO usage with alternative products [4].