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Perpetua Resources Unveils Next Steps to Secure Commercial Downstream Antimony Processing
Prnewswire· 2025-09-26 11:30
Core Viewpoint - Perpetua Resources Corp. is advancing efforts to secure the American antimony supply chain through the Stibnite Gold Project, which is the only domestic reserve of antimony in the U.S. The company is preparing to issue a Request for Proposal (RFP) to explore off-site processing arrangements for commercial-grade antimony [1][2][3]. Group 1: Project Overview - The Stibnite Gold Project is the only domestic source of antimony in the United States, with a reserve of 148 million pounds designated for commercial purposes [2][5]. - The project aims to restore an abandoned mine site while producing both gold and antimony, which is crucial for U.S. defense needs [5]. Group 2: RFP Process - The RFP will assess the technical and economic feasibility of potential off-site processing facilities, focusing on factors such as production capacity, environmental track record, and creditworthiness [1][2]. - The final selection of a processing partner is expected to occur in the fourth quarter of 2025, following a due diligence review [4]. Group 3: Strategic Partnerships - The company has engaged in discussions with various parties, including Clarios, Glencore, Nyrstar, Sunshine Silver, and Trafigura, to secure processing arrangements that maximize shareholder value [3]. - The ongoing collaboration with the U.S. Army aims to secure the domestic supply chain of mil-spec antimony trisulfide, with the company awarded up to $22.4 million under an Ordnance Technology Initiative Agreement [2][3].
Perpetua Resources in discussions with Glencore, others on U.S. antimony processing
Seeking Alpha· 2025-09-26 07:15
Group 1 - Perpetua Resources is in discussions with Glencore, Trafigura, and others for a partnership to refine antimony in the U.S. [1] - The company expresses optimism about the potential to expand domestic mineral processing capacity in America [1]
Locksley Resources Announces Significant Expansion of its Exploration Program for both Rare Earths and Antimony After Increasing its Landholding to More than 40 Square Kilometers in California's Mojave Region
Prnewswire· 2025-09-15 12:35
Accessibility StatementSkip Navigation Also from this source SAN BERNARDINO, Calif., Sept. 15, 2025 /PRNewswire/ -- Locksley Resources Ltd. (ASX: LKY;Â OTCQB: LKYRF) announced it will significantly expand its exploration program at its significantly increased landholding in the Mojave Desert. Earlier this month the company announced the addition of 249 additional claims at the site, which abuts areas currently controlled by MP Materials, the only Rare Earths producing mine in North America. These new claims ...
Locksley Resources Adds 249 Additional Claims to Landholding of More than 40 sq km of Highly Prospective Critical Minerals Ground in California's Mojave Region
Prnewswire· 2025-09-11 12:20
Core Insights - Locksley Resources Limited has expanded its strategic footprint in the Mojave Critical Minerals Corridor by staking an additional 249 claims, bringing the total to 491 claims [1][2]. Group 1: Expansion and Strategic Positioning - The new claims are adjacent to Locksley's existing tenement position and MP Materials landholding, which includes the Mountain Pass Rare Earth Mine [2]. - The expansion strengthens Locksley's competitive positioning in a key critical minerals region in the U.S., with increasing demand for antimony and rare earth elements (REEs) driven by U.S. supply chain security initiatives [3]. - The southeast claims encompass favorable gneissic geology, which is significant for potential REE-bearing carbonatites and other mineralization styles [4]. Group 2: Exploration Opportunities - The northern claims are located 3 km from Dateline Resources' Colosseum Gold Project, indicating multiple commodity opportunities in the area [5]. - Several new claims directly adjoin the Mountain Pass larger claim package, enhancing exploration discovery potential and long-term commercialization pathways [5]. Group 3: Strategic Collaborations - Locksley Resources is focused on critical minerals and base metals, actively advancing its Mojave Project in California, targeting REEs and antimony [6]. - The company has announced a strategic collaboration with Rice University to develop DeepSolv™ for domestic processing of North American antimony, marking a step in its U.S. Critical Minerals and Energy Resilience Strategy [6].
United States Antimony (UAMY) Enters Into a Securities Purchase Agreement
Yahoo Finance· 2025-09-11 07:32
Core Insights - United States Antimony Corporation (UAMY) is recognized as one of the best mining stocks to buy according to hedge funds, indicating strong institutional interest [1] - The company has entered into a securities purchase agreement that will generate $18 million in proceeds, which will be allocated for working capital, antimony inventory acquisition, and expansion of its mineral position in Alaska [1][2] - UAMY's revenues for the first half of 2025 reached $17.53 million, marking a significant 160% increase compared to the same period in 2024 [2] Financial Developments - The $18 million proceeds from the securities purchase agreement will also be used for potential acquisitions of critical mineral companies and for expanding the Madero Smelter in Mexico beyond its current capacity of 200 tons per month [2] - The substantial revenue growth of 160% from $10.79 million in the first half of 2024 to $17.53 million in the first half of 2025 highlights the company's strong performance [2] Business Operations - United States Antimony Corporation is involved in the production and sale of antimony, zeolite, and precious metals, indicating a diversified portfolio within the mining sector [3]
AMG Schedule for Second Quarter 2025 Earnings Release
Globenewswire· 2025-07-23 16:00
Group 1 - AMG Critical Materials N.V. will release its second quarter 2025 financial results on July 30, 2025, at approximately 18:00 CEST, followed by a conference call on July 31, 2025, at 09:00 CEST to discuss these results [1] - The company focuses on providing critical materials and related process technologies aimed at advancing a less carbon-intensive world, particularly in energy storage materials such as lithium, vanadium, and tantalum [2] - AMG operates globally with approximately 3,600 employees and has production facilities in multiple countries including Germany, the United Kingdom, France, the United States, China, Mexico, Brazil, India, and Sri Lanka [4] Group 2 - AMG's Lithium segment aims to reduce the CO2 footprint across the lithium value chain, while the Vanadium segment is a market leader in recycling vanadium from oil refining residues [3] - The Technologies segment is recognized as a world market leader in advanced metallurgy, providing engineering services to the aerospace engine sector and supporting the development of LIVA batteries and NewMOX SAS for the nuclear fuel market [3]
United States Antimony Corporation Announces Participation at Centurion One Capital 6th Annual LA Summit
Newsfile· 2025-06-02 12:00
Group 1 - United States Antimony Corporation (USAC) is participating in the Centurion One Capital 6th Annual LA Summit from June 2 to June 6, 2025, at the Beverly Hills Hotel [1][3] - Gary C. Evans, Chairman and CEO of USAC, will deliver a corporate presentation on June 5, 2025, and will also engage in one-on-one investor meetings and a panel discussion during the conference [2] - The LA Summit will feature presentations, panel discussions, and investor meetings, scheduled from 12:00 PM EDT to 8:00 PM EDT on June 4 and 5, 2025 [3] Group 2 - Centurion One Capital is an independent investment banking firm focused on supporting the growth of companies in North America, providing financial solutions and strategic guidance [4][5] - The firm employs a team of experienced professionals with extensive financial expertise and sector knowledge, aiming to develop tailored strategies for clients [5] Group 3 - USAC operates in the U.S., Mexico, and Canada, selling antimony, zeolite, and precious metals, primarily processing third-party ore into various antimony products and precious metals [6][7] - The company’s antimony oxide is utilized in flame-retardant systems for various materials, while antimony metal is used in bearings and batteries [6] - USAC also mines and processes zeolite at its Bear River Zeolite facility in Idaho, which has applications in environmental cleanup and agriculture [7]