RECENT NEWS
U. S. ANTIMONY
REPORTS PRODUCTION OF ANTIMONY TRI SULFIDE
September 11, 2017. Thompson
Falls, Montana. United States Antimony Corporation (“USAC”, NYSE American “UAMY”)
reported the successful production of antimony tri-sulfide per military
MIL-A-159D specification. The product is used in all center-fire cartridges for
military and commercial production. Initial production was on a small scale, but
additional equipment is being installed to enter the market. The product
contains 70.5% antimony. At a Rotterdam price for metal at $3.833 per pound, the
antimony in the tri-sulfide would be worth approximately $10.75 per pound.
Additional markets include the friction brake industry.
SEMARNAT (Mexican
equivalent of the EPA) is expected to approve the cyanide circuit at the Puerto
Blanco mill for the Los Juarez gold/silver/antimony property within 30 days.
At the beginning of August 2017, the average Rotterdam
price of Grade I antimony metal per metric ton was $8,200 ($3.7194 per pound),
and by the end of August, the price had increased to $8,450 ($3.833 per pound),
an increase of 3.6%.
Mexican mine production has been
increasing and all emphasis is to reopen Soyatal by building powder magazines
and Guadalupe by reopening a road.
The BRZ zeolite plant in Idaho
capacity has been increased significantly. New markets are being pursued and
sales should be increasing.
CEO John Lawrence said “Antimony
remains the core business and we are excited about antimony tri-sulfide
production, increasing Mexican mine production, and starting
gold/silver/antimony production at Loss Juarez. At the present time, we are
evaluating several opportunities that could significantly enhance production and
cash flow.”
About U.S. Antimony
US Antimony is a growing,
vertically-integrated natural resource company that has production and
diversified operations in precious metals, zeolite and antimony.
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