Yahoo Finance Tech·2 min read
United States Antimony Just Reignited A Strategic U.S. Supply Chain Story
United States Antimony restarts mining operations in Montana.
United States Antimony Corporation has resumed mining operations at its Stibnite Hill property in Montana, enabling earlier-than-expected ore extraction. This move supports the company's processing and smelting capabilities, enhancing its position in the domestic antimony supply chain amid increasing demand for this critical mineral.
Key Takeaways
- 1.
B. Riley analyst raised UAMY's price target to $13 from $11.
- 2.
UAMY operates the only significant antimony smelter in the U.S.
- 3.
The company aims to enhance domestic antimony supply amid global shortages.
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