U.S. Antimony Reports Major Antimony Cost Reductions

http://news.morningstar.com/all/access-wire/ASWAccesswire471278MSN/us-antimony-reports-major-antimony-cost-reductions.aspx

THOMPSON FALLS, MT / ACCESSWIRE / August 7, 2017 / United States Antimony Corporation (“USAC”) (NYSE American: UAMY) reported major cost reductions at its Mexican antimony smelter. As a result of metallurgical changes, the Company has drastically cut costs and increased production rates. The approximate reductions for fuel costs are 50%, electricity 55%, and reagents 75%. Maintenance and other costs are being evaluated. Extra manpower will be assigned to processing Los Juarez production. The Company expects to see these lower costs impacting the Company’s reported financials beginning in Q3 2017.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s