![]() The Chinese, which had dominated world market share since the early 20th century, had seen market share drop into the mid- twenty percent range by the mid-1970s. UAMY was founded in 1970, which certainly must have seemed like a great time to get into the antimony mining and processing business. The premise of this article is that several developments and catalysts coalesce to position UAMY to achieve substantial growth in production volumes into an antimony price environment that is stronger - and likely to remain so - than the company has experienced in recent decades.Īt the same time, the current share price is underpinned by a strong balance sheet, reasonable valuation and what I believe is a break-out first quarter that together warrant opening a small speculative position in UAMY.ĭata per Company filings calculations per author. Among other uses, antimony is used in the production of ammunition, and for this reason, it is and has been considered a critical defense material since WWII.Īdditionally, UAMY mines and processes antimony in Mexico, produces zeolite through the wholly-owned Bear River Zeolite Company and produces a limited quantity of precious metals as a by-product of its antimony production. ![]() Antimony, known since ancient times, has historically found its greatest application as an alloy to harden lead and tin. United States Antimony Corporation ( NYSE: UAMY) is a nano-cap company based in Thompson Falls, Montana, that owns the only antimony refining and processing facility in the United States. ![]()
0 Comments
Leave a Reply. |