THOMPSON FALLS, Mont. – (BUSINESS WIRE –United States Antimony Corporation (“USAC”, NYSE MKT “UAMY”) reported that it has started production from its own Mexican antimony and gold and silver properties. January production could be approximately 50,000 pounds of antimony, and the production will be ramped up from internally generated cash flow.
The Company will produce metallic antimony in Mexico in 2017 for direct shipment to customers in the United States and other countries. This will provide a large savings in freight and processing costs compared to final processing in Montana. Additionally, USAC will enjoy the full amount of antimony price increases rather than the small percentage it receives by smelting custom raw materials.