United States Antimony (UAMY) announced the completion of a lengthy review of its expansion plans at the only operating antimony smelter in the United States. The Company has executed definitive contracts with WSP USA to complete engineering and construction services that would significantly expand its smelting operations located in Thompson Falls, MT. This new working relationship for these services is complimentary to USAC’s existing internal antimony processing knowledge and experience. Combined with WSP’s overall metals processing and environmental experience, the company has put together a first-rate team. The total capital expenditure budget is estimated to be less than $15M which would expand the capacity of Thompson Falls to over 300 standard tons per month of production output, and all completed before the end of calendar year 2025. At the same time, existing smelting operations will not be impeded. We believe the aggressive schedule is both achievable and greatly needed for the security of our country’s supply chain.
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