United States Antimony Corporation

United States Antimony Corporation announced an update on its third quarter delivery of Military Specification antimony ingot shipments to the Defense Logistics Agency under its existing $245 million sole-source supply contract. USAC is the sole producer of MIL-SPEC antimony ingots, which are more than 99.6% pure, in the Western Hemisphere. Antimony flake feedstock from the company's joint partner's Bolivian Hydrometallurgical facility landed at the Thompson Falls smelters during the third quarter, and its roughly 99% purity is expected to significantly improve the efficiency of the company's gas-fired furnaces. Chairman and CEO Gary C. Evans said the company is fulfilling the first significant delivery of a finished product in its nearly 60 year history, and that processing has begun on Stibnite Hill, Montana, antimony material mined late last year and this year, which now totals in excess of 400,000 pounds and is stockpiled at Radersburg, Montana.

United States Antimony stock is soaring after the company announced a $100 million share repurchase program. The board of directors approved the buyback, with Chairman and CEO Gary Evans stating the stock was deemed undervalued. Shares rose 9.4% as of 12:02 p.m. ET, recovering from an 8% drop the previous day. The company reported negative $20.7 million in cash from operations in the first six months of 2026, prompting caution among investors.

NevGold Corp. has announced a maiden gold-antimony Mineral Resource Estimate at its Limousine Butte Project in Nevada, defining what it calls one of the largest and most strategic antimony-gold resources in the United States. The estimate includes 29,600 antimony tonnes in the Measured & Indicated category at 0.26% and 48,100 antimony tonnes Inferred at 0.18%, alongside 181,400 ounces of oxide gold Indicated at 0.37 grams per tonne and 1,203,500 ounces Inferred at 0.32 grams per tonne. The company also highlighted a potential near-term production scenario called Project Jumpstart Antimony, which targets an estimated 6,900 antimony tonnes Measured & Indicated at 0.28% and 500 antimony tonnes Inferred at 0.99% from material already mined and sitting at surface. A 20,000-meter 2026 drill campaign with two active rigs is underway to expand the resource, with results expected as assays are received. The resource lands amid heightened US focus on domestic antimony supply after China restricted exports, sending prices higher and prompting Washington to treat the critical mineral as a national-security priority.

United States Antimony stock surged 12.2% this week after the company completed its first delivery of the second quarter of 2026 under a $245 million supply contract with the Defense Logistics Agency. The initial two shipments of about 82,000 pounds of antimony metal ingots generated approximately $2.6 million. The company is awaiting government inspections on two additional shipments before delivery. Since the contract began, U.S. Antimony has received $57.3 million in antimony ingot orders from the Defense Logistics Agency. The company operates the only major antimony smelter in the United States, positioning it to benefit from the nation's push to secure critical mineral supplies.

United States Antimony stock rose 8% on Wednesday after director Jon Marinelli purchased 12,500 shares at $7.45 per share. Marinelli, who joined the board in late November, is the principal at advisory and investment firm 1042 Capital Partners. The insider buy was seen as particularly meaningful given his finance background. United States Antimony is the sole North American antimony producer, and the element is used in semiconductor manufacturing.