US Antimony Corp Chairman on $245M Defense Deal and Acquisition of LMV Resources

US Antimony's Military Contract and Expansion

• 🎯 United States Antimony Corporation secured a $245 million military contract to supply antimony ingots to the DLA, a division of the Department of War.
• 🚀 The company is in the process of acquiring Lovat Resources through a share-for-share exchange, having already acquired 10% of its stock discreetly.
• 🤝 This acquisition aims to create a powerhouse in the antimony business, positioning the combined entity among the top five global producers.
• 🌍 US Antimony is also exploring similar contracts with the Australian government and governments in the European Union.

Strategic Importance of Critical Minerals

• 💡 The recent $8.5 billion critical minerals deal between the United States and Australia, signed by President Trump, is seen as a crucial step in rebuilding domestic rare earth and critical mineral supplies.
• 🇨🇳 This collaboration aims to reduce reliance on China for these essential materials, particularly after China's actions to restrict rare earth exports earlier in the year.
• ⛏️ Australia possesses tremendous mineral resources, and the alliance with the US is key to developing these for mutual benefit.

Domestic Production and Future Outlook

• 🏭 US Antimony has recently launched operations at its Montana Stite Hill project site, with truckloads of antimony already being processed.
• ⏳ Unlike other companies that promise future production, US Antimony emphasizes its current operational capabilities, highlighting a quick turnaround from mining to processing.
• 📈 The company anticipates significant growth, projecting that the combination with Lovat Resources could lead to a $3 billion company by 2026, with strong cash flow, EBITDA, and earnings.
• 💰 Investors are encouraged to look for companies that are producing today rather than those with long-term future plans.