TMX Newsfile·2026-02-10 11:30Core Viewpoint - Americas Gold and Silver Corporation has entered into a joint venture with United States Antimony to construct and operate an antimony processing plant in Idaho's Silver Valley, aiming to secure the supply chain for this critical mineral in the U.S. [1][2] Group 1: Joint Venture Details - The joint venture will be 51% owned by Americas and 49% by US Antimony, providing a mine-to-finished antimony production solution [2] - The JV Facility will be constructed on permitted land at the Galena Complex, with an expected construction period of 18 months [7][10] - Governance will be managed by a six-member committee, with equal representation from both companies [7] Group 2: Strategic Importance - The joint venture is seen as a significant milestone for Americas, allowing the company to leverage its position as the largest antimony producer in the U.S. and enhance its role in the downstream antimony market [3][4] - The JV will enable Americas to capture 51% of the profits from the processing side, providing strong exposure to downstream profits that are currently unrealized [4] Group 3: Operational Synergies - The collaboration is expected to combine the strengths of both companies, with US Antimony bringing technical expertise and marketing networks to the venture [5][10] - In 2025, Americas produced 561,000 pounds of antimony contained in concentrate from the Galena Complex, indicating significant production potential [6] Group 4: Future Outlook - The joint venture aligns with U.S. government interests in critical minerals, and both companies are preparing to seek government funding to support the project [6][10] - Americas aims to aggressively grow production at the Galena Complex and other operations, positioning itself as a leading North American silver producer and a key source of U.S.-produced antimony [8]