Mentioned:
UAMY -10.92% USAS -15.64%
United States Antimony Corporation is all in on domestic antimony production. And now, they’ve started mining again at their flagship project in Montana.
What’s happening:
- United States Antimony Corporation (NYSE: UAMY) has publicly stated they have restarted mining operations at their Stibnite Hill project located in Thompson Falls, Montana
Why it matters:
- The Stibnite Hill property is one of the only antimony projects in the United States of America that is currently in early stage ore production
Going deeper:
- United States Antimony Corporation’s Stibnite Hill project previously was a producing mine for more than a decade prior to being shut down due to low antimony prices globally
- United States Antimony Corporation also notably owns and operates the only commercial scale antimony smelter in America, which is strategically located nearby the Stibnite Hill property
The intrigue:
- United States Antimony Corporation and Americas Gold and Silver (NYSE: USAS) previously made waves when they formed a new partnership to co-develop a new hydrometallurgical plant in Idaho to process antimony, copper and silver concentrates
