United States Antimony Corp (NYSE: UAMY)

United States Antimony Corporation, or UAMY, is a company that has been operating in the mineral resource exploration and development industry for over five decades. Listed on the NYSE American under the ticker symbol UAMY, the company specializes in the production and sale of antimony, precious metals, and zeolite products. UAMY's main business activities involve the extraction, processing, and sale of these products, which are used in a variety of applications, including flame retardants, plastics, rubber, textiles, soil amendment, water filtration, and odor control.

The company operates through four segments: United States Antimony, Mexico Antimony, Zeolite, and Precious Metals. The United States Antimony segment is responsible for the production and sale of antimony products in the United States. The Mexico Antimony segment focuses on the production and sale of antimony and precious metals in Mexico. The Zeolite segment is involved in the mining and processing of zeolite in Idaho, while the Precious Metals segment recovers precious metals from antimony ore. UAMY has a strong presence in the United States and Mexico, with operations in Montana, Idaho, and Mexico.

UAMY's customer base is diverse, with customers in the United States and Canada. In 2023, the company sold 10% or more of its product to three customers: Customer A, Customer B, and Customer C. The company's revenue for the year was $5,904,480, with a net loss of $1,242,811. The financial performance of UAMY is affected by various factors, including the price of antimony and precious metals, as well as the company's ability to compete with other mineral resource exploration and development companies.

In terms of competition, UAMY faces competition from other mineral resource exploration and development companies for financing and for the acquisition of new mineral properties. The company's competitors may have greater financial and technical resources, which could impact UAMY's ability to finance further exploration and development. Despite these challenges, UAMY remains a significant player in the mineral resource exploration and development industry.

UAMY operates in a regulated environment, with various environmental regulations and laws that it must comply with, including the Federal Mining Safety and Health Act of 1977, the Occupational Safety and Health Administration's regulations, and state and federal health and safety statutes. The company is required to obtain various licenses and permits to operate its mines and conduct exploration and reclamation activities.

The company employs 83 full-time employees, with 16 employees based in Montana, 23 in Idaho, 3 in Missouri, and 41 in Mexico. UAMY considers its antimony processing plants proprietary in nature and holds no material patents, licenses, franchises, or concessions. The company's financial performance is publicly available through its SEC filings, which can be accessed on the SEC's website or on UAMY's website.

UAMY's brand names and trade names of its products and services include antimony, precious metals, and zeolite products. Antimony is a key product for UAMY and is used in a variety of applications, including flame retardants, plastics, rubber, and textiles. Precious metals, such as gold and silver, are also significant products for UAMY, and they are recovered from antimony ore. Zeolite, a natural mineral, is used in applications such as soil amendment, water filtration, and odor control.