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.
United States Antimony Corporation (UAMY) generates news around its activities in antimony, zeolite, and other critical minerals, as well as its role in North American supply chains. The company regularly issues updates on mining and processing operations in Montana, Mexico, and Idaho, highlighting developments in antimony oxide, antimony metal, antimony trisulfide, precious metals recovery, and zeolite production at its Bear River Zeolite (BRZ) facility.
Investors following UAMY news can expect coverage of operational milestones such as antimony mining activities at Stibnite Hill in Montana, including bulk sampling programs and ore shipments to contract flotation mills. The company also reports on its efforts to acquire and develop mining claims and leases in Montana, Alaska, and Ontario, Canada as it seeks to expand its antimony resource base and reduce reliance on third-party ore purchases.
Another key news theme is United States Antimony’s participation in critical mineral supply chains for defense and industrial customers. The company has announced a five-year, sole-source IDIQ contract with the U.S. Defense Logistics Agency for antimony products meeting military specifications, and a five-year supply agreement with a U.S. industrial fabric manufacturer for antimony trioxide used in flame-retardant materials. These items, along with conference call announcements and financial result releases, appear in its regular press communications.
Corporate governance and capital markets developments also feature in UAMY news, including the appointment of independent directors, formation of board committees, and registered offerings of common stock under shelf registration statements and sales agreements. For ongoing insight into United States Antimony’s operations, contracts, and strategic initiatives in antimony, zeolite, and precious metals, readers can use this news feed as a centralized source of the company’s public disclosures.
United States Antimony Corporation reported a stable antimony price of $6.16 per pound in its bi-monthly update for July and August 2022. The company achieved zero lost time accidents and zero environmental incidents. Production metrics showed 195 tons of mined zeolite and 1,970 tons sold. The Montana operations are seeing improvements despite ongoing skilled labor shortages. The company is expanding its antimony production capabilities, including collaborations with Ambri and efforts to meet demand from the DOD, enhancing its outlook for future revenues.
US Antimony Corporation reported significant financial growth with Q2 2022 revenue reaching $3,587,925, a 57.7% increase year-over-year. The company sold 363,128 pounds of antimony at an average price of $6.81 per pound. Additionally, cash provided by operating activities improved to $745,038 from negative $2,236,609 in the same period last year. US Antimony has entered into agreements to acquire mining claims in Mexico, enhancing its operational capacity. The company also appointed two new board members to strengthen leadership.
United States Antimony Corporation (UAMY) reported a stable antimony price of $6.26 per pound and achieved zero lost time incidents during May and June 2022, alongside no environmental spills. The company mined 6,726 tons of zeolite, with 2,795 tons sold. The Montana smelter sold 148.38 tons of antimony trioxide and 1.65 tons of antimony metal. Production upgrades at Bear River Zeolite are ongoing, including warehouse completion and operational enhancements. The company is investigating additional ore sources in Mexico and Guatemala.
United States Antimony Corporation (UAMY) reported a record quarterly gross profit of $1,139,388 and net income of $786,252 for Q1, driven by antimony sales revenue of $2,828,930. The company sold 433,350 pounds of antimony at an average price of $6.53 per pound. Total quarterly revenue reached $3,580,306. Operationally, all locations achieved zero lost time accidents. The company continues to enhance production efficiency and pursue exploration opportunities in North and Central America, underscoring its commitment to growth.
United States Antimony Corporation has reported significant operational updates as of March 15, 2022. The company noted improvements in production efficiency across all its locations, with zero lost time accidents reported in January and February. The total sold tonnage of products increased by 46.6% compared to the same period last year. Additionally, the average sale price rose by 70%, with antimony trioxide sales seeing a 130% increase. A new exploration program at Los Juarez has begun, aiming to enhance resource extraction and processing.
United States Antimony Corporation reported strong performance for December 2021, achieving 1,837 tons of zeolite shipments amounting to $482,683. The annual total reached 14,040 tons and $3,027,259. Improvements in production processes are driving profitability, with further upgrades planned. The company noted zero accidents during the November-December period and successful upgrades across its operations. Notably, the Rotterdam average price for antimony has surged, showing stability at a 9-year high.
United States Antimony Corporation (NYSE:UAMY) has provided a corporate update outlining significant progress in its objectives for November 2021. The company emphasizes its commitment to increasing supplies of antimony, a critical mineral in North America, amid rising demand driven by potential applications in electrical storage batteries. Ongoing efforts include negotiations for a multi-year supply contract, assessments of advanced-stage mining operations, and exploration for additional properties. Furthermore, interest in joint ventures for gold and silver exploration in Mexico is noted, alongside investments aimed at enhancing production capacity of zeolite.
United States Antimony Corporation (NYSE:UAMY) released its October 2021 operational update, highlighting a month of zero accidents and no environmental incidents.
Production included 1,860 tons of mined Bear River Zeolite and 127,000 lbs of crude antimony metal. The company has increased production of antimony trisulfide and recycled materials. Challenges in customer trucking affected shipments.
Future plans include bi-monthly updates, operational improvements, and joint ventures for risk reduction.
United States Antimony Corporation (NYSE:UAMY) provided an operational update for September 2021, highlighting significant production and safety achievements.
Key metrics include 3700 tons of zeolite mined and 82,275 lbs of crude antimony metal produced.
Safety records were commendable with zero lost time or serious injuries reported.
Operational upgrades were reported, including the successful installation of a new jaw crusher and enhanced production capabilities at its smelting facilities.
The company is exploring joint ventures for future growth, although results have been slower than anticipated.
United States Antimony Corporation (UAMY) released its August 2021 Operations Update, announcing zero lost-time accidents and environmental incidents. Antimony prices have surged to over $12,000 per ton due to supply constraints. Madero's production totaled 92,326 lbs. of antimony trioxide, with plans for direct shipping to customers. Upgrades included a new jaw crusher at Bear River Zeolite, enhancing efficiency. The company continues securing new antimony sources in North America. Forward-looking statements caution investors about potential uncertainties in future performance.