Mentioned:
One of America’s most important antimony companies has just started mining in Montana. And it’s just the beginning of their plan to become one of the only publicly traded companies in the world with vertically integrated capabilities for antimony production.
What’s happening:
- United States Antimony Corporation (NYSE: UAMY) has officially begun mining activities at their flagship Stibnite Hill project located in Montana
Why it matters:
- The Stibnite Hill property is closely located to United States Antimony Corporation’s Thompson Falls smelter in Montana and will enable them to become the first fully integrated antimony producer in the United States once Stibnite Hill gets into full scale production
Going deeper:
- United States Antimony Corporation just recently made major waves on Wall Street when they landed a $245M USD deal with the United States Defense Logistics Agency for the supply of antimony ingots
- United States Antimony Corporation has also publicly stated they have begun construction on a significant expansion of their Thompson Falls smelter facility in order to expand their capacity for finished antimony oxide, antimony metal and antimony trisulfide
