United States Antimony CorpUAMY
Price$4.17Intrinsic value$0.5088% below price

Qualitative Analysis

Business overview

Business Overview

United States Antimony Corporation (NYSE: UAMY) is a vertically integrated producer and processor of antimony, zeolite, and precious metals (primarily gold and silver). The company operates facilities in Montana, Idaho, and Mexico, and holds exploration claims in Alaska and Canada. It is recognized as a key domestic supplier of antimony, a critical mineral essential for flame retardants, military ordnance, ammunition primers, and storage batteries.

Research as of 19 Jun 2026

Strategic Initiatives

Growth programs, investments, and their expected impact

AI-assisted
Thompson Falls Smelter ExpansionExpansion

Modernizing and expanding the capacity of the Thompson Falls smelter in Montana to refine and produce antimony necessary for defense and industrial applications.

Expected impact: Increases total output capacity to over 300 standard tons per month of production output (a sixfold increase over prior capacity).

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Investment$27 million Department of War grant funding (with a $3.9 million company cost share).
TimelineNearing completion as of mid-2026, with commissioning on track.
Vertical Integration of Mining FeedstockGrowth

Acquiring mining claims and leases in Alaska, Montana, and Ontario, Canada to secure domestic feedstock and reduce reliance on third-party antimony ore purchases.

Expected impact: Establishes USAC as the only fully integrated antimony company outside of China and Russia.

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InvestmentOngoing capital deployment, including $3.2 million in Q1 2026 for new mineral rights.
TimelineInitiated in late 2024, continuing through 2025 and 2026.

Mergers, Acquisitions & Partnerships

Recent deals and strategic collaborations

AI-assisted

Recent Acquisitions

Radersburg Flotation and Concentration Facility$4.8M

Acquisition of a fully operational flotation and gravity mineral processing mill in Montana to support concentration of stibnite and other critical minerals.

Financial impact: Enables processing of gold, silver, copper, tungsten, cobalt, and rare earth ores within 250 miles of the Thompson Falls smelter.

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Strategic Partnerships

Americas Gold and Silver CorporationJoint Venture / Processing Partnership

Collaborating on a new processing plant to process silver, copper, and antimony from non-Chinese sources.

Terms: Not explicitly disclosed.

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AI-assisted, source-linked narrative; figures from company filings (SEC EDGAR) and market data. Dates shown per section. Not investment advice. Terms of Use.