Applied Minerals, Inc. Successfully Completes Financial Restructuring

Core Viewpoint - Applied Minerals, Inc. has successfully completed its financial restructuring and emerged from Chapter 11, significantly improving its financial position by eliminating approximately $63 million of term debt, resulting in a virtually debt-free balance sheet [1]. Financial Restructuring - The financial restructuring process was completed on November 19, 2025, marking a significant milestone for the company [1]. - The elimination of $63 million in term debt enhances the company's financial stability and operational flexibility [1].