Bear River Zeolite Division Officially Launches "CattleMax(TM)" Cattle Feed Supplement/Additive and New Logo

Rhea-AI Summary

United States Antimony (NYSE:UAMY) has launched a new zeolite cattle feed additive called CattleMax™ through its subsidiary, Bear River Zeolite Company (BRZ). The product will be part of BRZ's Zeo-True Naturals line and initially offered in bulk 'super sacks'. BRZ aims to expand its market share in the animal feed space, which currently accounts for 25% of its revenue. The company plans to offer competitive introductory pricing and develop smaller packaging sizes for smaller-scale customers. To support this expansion, USAC has hired Jonathan Miller as Global Sales Manager. Additionally, BRZ has unveiled a new logo representing the purity of its zeolite sourced from an Idaho deposit.

Positive

• Launch of new product CattleMax™ in the cattle feed additive market
• Plans to expand market share in animal feed space, currently 25% of revenue
• Competitive introductory pricing offered for CattleMax™
• Hiring of Global Sales Manager to support market expansion
• Development of smaller packaging sizes to cater to smaller-scale customers

Negative

• None.

"The Critical Minerals and ZEO Company"

THOMPSON FALLS, MT / ACCESSWIRE / July 31, 2024 / United States Antimony Corporation ("USAC", or the "Company"), (NYSE:UAMY) is pleased to announce the official launch of its own zeolite cattle feed additive through its wholly owned subsidiary, Bear River Zeolite Company ("BRZ"), under the brand name "CattleMax^TM".

The brand will be nested within BRZ's line of existing products, Zeo-True Naturals. Initially, CattleMax^TM will be offered in bulk "super sacks" as various packaging sizes are in development for smaller scale customers.

BRZ seeks to expand its market share in the animal feed space, which currently accounts for approximately 25% of its revenue. The company is offering very competitive introductory pricing on per ton sales of CattleMax^TM, a finely ground zeolite clinoptilolite supplement to cattle feed.

BRZ's Zeo-True Naturals also will provide access to its 85% and higher clinoptilolite zeolite mineral to smaller cattle operations with 50-pound and 25-pound bags in the near future.

To support efforts toward capturing this increase in market share, the Company recently brought on board Jonathan Miller as our Global Sales Manager. Jonathan Miller can be reached at Jmiller@usantimony.com or 813-505-0674 with any questions or inquiries regarding this new product line.

Commenting on the development and launch of CattleMax^TM, Senior Vice President of Corporate Development and Government Relations, Melissa Pagen stated, "We have been very proactive in increasing our market knowledge in the cattle management space by attending cattle association conventions across the country, reaching out to universities regarding research and development, and speaking with nutritionists as well as feed companies during this process. As a wholesaler, our direct connection with these key customers was limited. Now, in order to develop products that are relevant and are easily adopted, these connections and discussions are critical to making good decisions as we develop and launch our new product lines."

United States Antimony Corporation is also proud to unveil our new logo for Bear River Zeolite (BRZ), symbolizing the unique qualities and purity of our zeolite, which is sourced from a deposit in Idaho that was formed millions of years ago when volcanic ash mixed with seawater to create one of the most versatile minerals.

About USAC:

United States Antimony Corporation and its subsidiaries in the U.S. and Mexico ("USAC", the "Company", "Our", "Us", or "We") sell processed antimony, zeolite, and precious metals products in the U.S. and Canada. The Company processes antimony ore primarily into antimony oxide, antimony metal, and antimony trisulfide. Our antimony oxide is used to form a flame-retardant system for plastics, rubber, fiberglass, textile goods, paints, coatings and paper, as a color fastener in paint, and as a phosphorescent agent in fluorescent light bulbs. Our antimony metal is used in bearings, storage batteries, and ordnance. Our antimony trisulfide is used as a primer in ammunition. In its operations in Idaho, the Company mines and processes zeolite, a group of industrial minerals used in soil amendment and fertilizer, water filtration, sewage treatment, nuclear waste and other environmental cleanup, odor control, gas separation, animal nutrition, and other miscellaneous applications. We recover certain amounts of precious metals, primarily gold and silver, at our plant in Montana from antimony concentrates. 

Forward-Looking Statements:

Readers should note that, in addition to the historical information contained herein, this press release may contain forward-looking statements within the meaning of, and intended to be covered by, the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based upon current expectations and beliefs concerning future developments and their potential effects on the Company including matters related to the Company's operations, pending contracts and future revenues, financial performance, and profitability, ability to execute on its increased production and installation schedules for planned capital expenditures, and the size of forecasted deposits. Although the Company believes that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, it can give no assurance that such expectations and assumptions will prove to have been correct. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties. In addition, other factors that could cause actual results to differ materially are discussed in the Company's most recent filings, including Form 10-K and Form 10-Q with the Securities and Exchange Commission.

Forward-looking statements are typically identified by words such as "believe," "expect," "anticipate," "intend," "outlook," "estimate," "forecast," "project," "pro forma" and other similar words and expressions. Forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time. Forward-looking statements speak only as of the date they are made. Because forward-looking statements are subject to assumptions and uncertainties, actual results or future events could differ, possibly materially, from those anticipated in the forward-looking statements and future results could differ materially from historical performance.

Contact:

United States Antimony Corp.
PO Box 643
47 Cox Gulch Rd.
Thompson Falls, Montana 59873-0643
E-Mail: Jmiller@usantimony.com
Phone: (406) 606-4117

SOURCE: United States Antimony Corp.

View the original press release on accesswire.com

FAQ

What is the new product launched by United States Antimony (UAMY)?

United States Antimony (UAMY) has launched CattleMax™, a new zeolite cattle feed additive, through its subsidiary Bear River Zeolite Company.

How is UAMY planning to expand its market share in the animal feed space?

UAMY is offering competitive introductory pricing for CattleMax™, developing smaller packaging sizes for smaller-scale customers, and has hired a Global Sales Manager to support market expansion efforts.

What percentage of Bear River Zeolite's revenue currently comes from the animal feed space?

Currently, approximately 25% of Bear River Zeolite's revenue comes from the animal feed space.

Who is the new Global Sales Manager hired by United States Antimony (UAMY)?

Jonathan Miller has been hired as the Global Sales Manager to support UAMY's market expansion efforts in the animal feed space.