United States Antimony awarded $27M by DoW for antimony supply chain expansion

United States Antimony (UAMY) Corporation has been awarded $27 Million by the Department of War under Title III of the Defense Production Act to enhance, innovate, and expand domestic extraction, processing, and refinement of critical materials. These investments approved last year were delayed due to the government shutdown. This investment utilized funds from the Additional Ukraine Supplemental Appropriations Act of 2022. This award also supports the current Administration’s goal to increase the production of processed critical minerals and other derivative products as articulated in the March 20, 2025, Executive Order 14241 – Immediate Measures to Increase American Mineral Production. DOW’s $27.0 million investment in USAC will fund the modernization and expand the company’s capacity located in Montana to refine and produce antimony necessary for flame retardants, batteries, munitions, and other defense applications. In parallel, this investment will support USAC’s initiative to establish domestic antimony excavation and extraction in the State of Alaska. By securing domestic feedstock, USAC has already positioned itself with its Montana mining activities as the only U.S.-based company capable of full vertical integration across the supply chain from ore extraction, processing, and to finished antimony products.