Antimony metal ingots
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USAC secures $245m US defence contract for antimony supply
Yahoo Financeยท 2025-09-24 15:01
Core Points - The United States Antimony Corporation (USAC) has secured a contract worth up to $245 million from the US Defense Logistics Agency (DLA) to supply antimony metal ingots for the national defense stockpile over the next five years [1] - This contract is part of the US government's broader strategy to strengthen domestic supply chains for strategic materials and reduce reliance on foreign sources, particularly China [6] Company Operations - USAC operates the only two antimony smelters in North America, which have been processing antimony for decades [2] - The company is increasing its supply of antimony ore from global sources and developing mineral acreage in Alaska and Montana, with recent operations in Alaska revealing high-grade antimony deposits [5] - USAC's smelting facilities are equipped to meet the government's specifications for antimony metal ingots, and the company is expected to deliver initial orders under the contract shortly [4] Strategic Importance - Antimony is identified as a critical component in military applications, such as munitions and batteries, and has been recognized as a strategic vulnerability in the US industrial base [1] - The partnership between USAC and the Department of Defense has significantly strengthened since late 2024, highlighting the strategic role of USAC in enhancing national defense readiness [2][3]