Welcome to our dedicated page for United States Antimony news (Ticker: UAMY), a resource for investors and traders seeking the latest updates and insights on United States Antimony stock.
Company Overview
United States Antimony Corporation (UAMY) is a fully integrated mining, transportation, milling, smelting, and selling company that has established a unique footprint in North America for the production and processing of critical minerals. The company is dedicated to the production of antimony-based products, zeolite, and select precious metals, including silver and gold. By managing its operations from raw ore extraction to finished product distribution, USAC delivers solutions that are critical for diverse industrial applications and maintains a robust domestic supply chain.
Business Model and Operational Structure
At its core, USAC operates on a vertically integrated model, ensuring control over every stage of production. This integration spans multiple operating segments: the antimony division, which refines antimony ore into antimony oxide, antimony metal, and antimony trisulfide; the zeolite division that supplies a range of industrial minerals; and its precious metals recovery operations. With a strategic presence in the United States, Canada, and Mexico, the company leverages its infrastructure to process, refine, transport, and distribute its products efficiently.
The operational excellence of USAC is underpinned by:
- Mining and Milling: The company extracts raw ore from strategically located claims and employs rigorous milling practices to prepare mineral concentrates.
- Smelting and Processing: As the sole antimony smelter in North America, USAC transforms ore into high-quality antimony products that are integral to flame retardant systems and other industrial applications.
- Distribution and Logistics: A dedicated logistics team manages the transportation and handling of processed materials, ensuring timely delivery and compliance with stringent quality standards.
Product Applications and Industrial Relevance
USAC's core product, antimony oxide, is a key component in a synergistic flame-retardant system predominantly used in plastics, rubber, fiberglass, textiles, paper, and coatings. Due to its unique chemical properties, the oxide also functions effectively as a color fastener in paints and as a phosphorescent agent in fluorescent lighting products. Additionally, antimony metal is utilized in the manufacturing of storage batteries, bearings, and ordnance, indicating the material's diverse utility across a range of sectors.
The company’s zeolite products further support industries by enhancing soil amendment formulations, water filtration systems, and environmental cleanup processes, showcasing USAC’s role in both industrial and environmental applications. Precious metals recovered during processing, primarily gold and silver, add an additional layer of value to its operations.
Market Position and Strategic Significance
United States Antimony Corporation occupies a strategically significant position within the mining and processing sectors. By focusing on a vertically integrated operational model, USAC mitigates many of the uncertainties associated with external suppliers and global trade restrictions. This focus is particularly important in the context of supply chain security, as the company provides critical mineral inputs that are increasingly demanded by industries such as aerospace, defense, and advanced manufacturing.
Furthermore, the company’s strategic claim acquisitions in key regions with historical and geological potential underscore its commitment to securing domestic resources, ensuring that its production capabilities remain resilient amidst international market fluctuations and trade limitations. Its emphasis on using in-house smelting facilities and processing technologies reflects a deep expertise in refining complex ores into high-purity products that meet rigorous industrial standards.
Geographical Footprint and Integrated Supply Chain
The operations of USAC span across significant regions in North America. With mining and processing facilities in the United States and auxiliary operations in Canada and Mexico, the company benefits from geographic diversification that minimizes disruption risks and maximizes access to essential raw materials. Its sole antimony smelter in North America represents a unique asset, symbolizing American processing capabilities in an era where geopolitical dynamics influence global resource flows.
The company’s integrated approach is evident in its ability to not only extract and process minerals but also to manage downstream operations such as undertaking smelter refurbishments and optimizing logistics essential for timely international shipments. This comprehensive integration solidifies USAC’s role as a critical supplier in the domestic market and enhances its credibility among industry stakeholders.
Commitment to Processing Excellence and Industry Expertise
USAC is recognized for its deep industry expertise and a commitment to processing excellence. The company employs a rigorous quality control framework and leverages advanced metallurgical and chemical technologies to ensure that its end products consistently meet the demanding requirements of modern industrial applications. Its experience in refining antimony into various derivative products highlights the often complex interplay between chemical processing and material performance, a fact that underscores the value of its technical knowledge and operational proficiency.
Industry-specific terminology such as "synergistic flame retardant systems," "vertical integration," and "critical minerals supply chain" reflect the company’s focus on producing high-grade materials that are essential for broad applications. This technical nuance, combined with a clear understanding of industrial challenges and market demands, reinforces the company’s expertise and its authoritative position in its sector.
Investor and Market Considerations
The comprehensive operations and unique market positioning of United States Antimony Corporation provide an informative case study for investors seeking insight into integrated mining and processing entities. The company’s diversified product portfolio and strategic asset base underpin its capabilities across multiple market segments. Questions regarding product applications, operational efficiencies, and competitive positioning are addressed through its detailed public disclosures and transparent operational strategies, which emphasize reliability and quality.
Ultimately, USAC exemplifies a business model that prioritizes downstream processing control, strategic claim acquisition, and operational resilience. This comprehensive approach allows the company to navigate complex market dynamics and supply chain challenges effectively, thereby providing a robust foundation for continued relevance among industrial users and market analysts alike.
United States Antimony (NYSE:UAMY) has expanded its Alaskan antimony mineral land position through a new lease/option purchase agreement and an additional staking program. The company executed an agreement with a Wasilla-based prospector for lands adjacent to existing USAC claims in the Fairbanks and Maclaren River areas.
The company's Fairbanks area holdings, which are prospective for both antimony and gold, now encompass 144 claims covering 8,998 acres. This area will be the primary focus for high-grade stibnite exploration and mining operations, scheduled to begin in early May 2025, led by Vice President - Mining Division Rodney Blakestad.
USAC plans to conduct exploration programs at Stibnite Creek and Maclaren River claims during summer 2025, with test shipments of raw antimony material to its Montana processing facilities expected in Q3 2025.
United States Antimony (NYSE American:UAMY) reported strong fiscal year 2024 results with significant growth across key metrics. Revenue increased 72% to $14.9 million, up from $8.7 million in 2023. Cost of sales decreased by 5% ($567K), leading to a 204% increase in gross profit.
Operating expenses rose by $2.1 million to $5.9 million, primarily due to new personnel costs ($1.7 million) and project development ($889K). The company reduced its net loss from $6.3 million in 2023 to $1.7 million in 2024. The balance sheet shows $18.2 million in cash with minimal debt of $328K.
The zeolite division achieved significant improvements, increasing production capacity from 4 to 12 tons per hour and reaching 98.4% run time in Q4. The company is expanding operations with the Madero Smelter in Mexico starting operations and plans to begin mining antimony from Alaskan claims in Q3 2025.
United States Antimony (NYSE American:UAMY) has scheduled a webcast for Thursday, March 20, 2025, at 4:15 PM Eastern Time to present its Fiscal Year 2024 Financial and Operational Results.
The 60-minute webcast will feature presentations from key executives including Gary C. Evans (Chairman and CEO), Joe Bardswich (Director and EVP, Chief Mining Engineer), Rick Isaak (SVP, CFO), and Jonathan Miller (VP, Investor Relations).
Participants can join through:
- Toll-free number: 888-506-0062
- International: 973-528-0011
- Access Code: 649278
Questions can be submitted through the online portal at the webcast URL. A replay will be available until April 3, 2025, on the company's investor relations website.
United States Antimony (NYSE AMERICAN:UAMY), known as 'The Critical Minerals and ZEO Company,' has announced its participation in the upcoming Sidoti March Virtual Investor Conference scheduled for March 19-20, 2025.
The company's leadership team, including Chairman and CEO Gary C. Evans and VP of Investor Relations Jonathan Miller, will conduct a presentation on Wednesday, March 19, 2025, at 10:45 am ET. They will also host one-on-one meetings with investors during the conference.
Interested participants can register for free through www.sidoti.com/events or access the presentation directly via the provided Zoom link. The event is open to all investors, regardless of Sidoti client status.
United States Antimony (NYSE AMERICAN:UAMY), known as 'The Critical Minerals and ZEO Company,' has announced its participation in the upcoming Q1 Investor Summit Virtual event. Chairman and CEO Gary C. Evans will deliver a presentation on Tuesday, March 11, 2025, at 9:00 am ET.
The presentation will be accessible at https://www.webcaster4.com/Webcast/Page/3082/52107. In addition to the presentation, Evans will conduct one-on-one meetings during the event.
The Investor Summit is an exclusive gathering focused on small and microcap stocks, specifically targeting undervalued MicroCap companies with catalysts. The event provides investors with opportunities to engage directly with management teams, learn from industry experts, and network with peers in the market.
United States Antimony (NYSE: UAMY), a critical minerals and ZEO company, has announced its participation in the upcoming Centurion One Capital 8th Annual Growth Conference. The event will take place at the Four Seasons Hotel in Toronto's Yorkville neighborhood from March 4-6, 2025.
Chairman and CEO Gary C. Evans will represent the company by delivering a corporate presentation on March 6, 2025. Additionally, he will participate in a panel discussion and conduct one-on-one meetings with institutional investors throughout the conference.
United States Antimony (NYSE:UAMY), the only domestic producer of refined antimony and a leader in critical minerals, announced its participation in the Webull Corporate Webinar Series on February 25, 2025. Jonathan Miller, VP of Investor Relations, will present at the consumer-focused webinar at 12:30 p.m. ET.
The company, self-described as "The Critical Minerals and ZEO Company," has recently made several significant announcements, including:
- Appointment of two new Vice Presidents (February 19, 2025)
- Operational update on the Madero, Mexico Smelter (January 22, 2025)
- Exclusive option agreement to acquire a third group of Alaska antimony mining claims (January 21, 2025)
- Second contract for international supply of antimony and filing of a $100 Million Universal Shelf Registration Statement on Form S-3 (December 30, 2024)
United States Antimony (NYSE:UAMY) has announced the appointment of two new Vice Presidents. Rodney (Rod) Blakestad has been named VP of the Mining Division, while Leo Jackson becomes VP of the Mexican Antimony Division.
Blakestad, an economic geologist with over 45 years of experience in hard rock mining, holds a B.Sc. in Geology and a Juris Doctor in environmental law. He is recognized as a Qualified Person under Canadian NI 43-101 and will oversee all Company's mining operations in Alaska.
Jackson, fluent in Spanish with over 40 years of experience in Mexico, has been associated with UAMY for approximately 25 years, previously serving on the Board of Directors. He has overseen permitting at the Madero smelter and been involved in logistics between Mexico and the United States.
United States Antimony (NYSE:UAMY) announced its participation in Mines and Money Miami 2025, scheduled for February 20-21 at the James L. Knight Center in Miami, Florida. The company's Chairman and CEO, Gary C. Evans, will participate in a Government Roundtable at Greenberg Traurig LLP on February 19th and deliver a corporate presentation on February 20, 2025. Evans will also conduct one-on-one meetings with institutional investors during the conference.
United States Antimony (NYSE:UAMY) has provided an operational update on its 100% owned Madero Smelter in Coahuila, Mexico. A five-member management team conducted an operational review to assess improvements needed to restart operations. The facility aims to process approximately 100 tons of antimony ore per month, with the first international supply expected to arrive in March 2025.
The smelter houses 17 furnaces (3 large, 14 small), with plans to repair and refurbish at least six furnaces over the next 30 days. The capital expenditure program, estimated at less than $1 Million, includes improvements to air compressors, construction of air control plenum systems, and furnace tilting. These upgrades aim to streamline operations and reduce human interaction.
According to John C. Gustavsen, President of the Antimony Division, the company has rehired important field personnel and notes that worldwide antimony prices have reached all-time highs, exceeding $20.00 per pound.