US Antimony delivers first shipments under $245M defense contract

United States Antimony Corporation (NYSE: UAMY) announced it completed two antimony metal ingot shipments to the Defense Logistics Agency (DLA) in June 2026, delivering approximately 82,000 pounds and generating roughly $2.6 million in invoices.

The deliveries mark the first shipments under a $245 million supply contract between the company and the DLA, an agency of the Department of Defense. Total orders received from the DLA since the contract's inception have reached $57.3 million, according to the company's statement.

Two additional shipments are pending government inspection, Certificate of Analysis, and authorization to deliver.

The company said antimony flake feedstock deliveries from its partner's Bolivian hydrometallurgical facility were delayed during the second quarter due to diesel shortages in Bolivia, which it attributed to cascading effects from the military conflict in the Strait of Hormuz. The company stated the fuel issue has since been resolved.

The company also said it commissioned expanded smelting furnaces at a newly constructed facility in Thompson Falls, Montana during the second quarter of 2026.

Chairman and CEO Gary C. Evans said in the statement that larger new orders have been received following the initial deliveries, and that "order flow throughout the remainder of fiscal year 2026 will continue to ramp up along with our production capabilities."

United States Antimony Corporation mines, purchases, and processes antimony and other critical minerals at facilities in Montana and Mexico, and operates a zeolite facility in Idaho.

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