U.S. Antimony Company’s stock price rises after joint venture with Americas Gold and Silver Company

LootboxPhobia · 2026-02-11T21:58:35+00:00

American Antimony's stock price rose 7% as it established a joint venture with Americas Gold and Silver to build a hydrometallurgical processing facility in Idaho. The project has received key permits and aims to process critical minerals and increase recovery rates. The two companies plan to jointly promote domestic critical mineral production in the United States and seek government funding support.

LootboxPhobia

2026-02-11 21:58:35

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Investing.com – United States Antimony Corporation (NYSE American: UAMY) saw its stock price rise 7% on Tuesday morning after the company announced the formation of a new joint venture with Americas Gold and Silver Corporation to build a hydrometallurgical processing facility in Idaho.

The joint venture is owned 51% by Americas Gold and Silver and 49% by United States Antimony, with the goal of establishing the first commercially scaled hydrometallurgical processing center in North America as described by both companies. United States Antimony will serve as a managing member, with major decisions made by a committee composed of equal representatives from both parties.

The facility will be built on land near the silver, copper, and antimony mines operated by Americas in Idaho. According to both companies, the project has obtained most of the necessary major permits, including Idaho’s pollutant emission elimination system, stormwater permits, and dam safety certificates, allowing construction to begin immediately.

This partnership focuses on processing critical minerals including copper, silver, and antimony, aiming to achieve higher recovery rates at lower costs. Both companies emphasized the strategic importance of developing domestic processing capacity for critical minerals.

Gary C. Evans, Chairman and CEO of United States Antimony, highlighted the alignment of growth plans between the two companies and their shared goal of advancing domestic critical mineral production in the U.S. They stated they are prepared to seek government funding support for the project.

Americas Gold and Silver produced 561,000 pounds of antimony concentrate from its Galena complex in 2025 and expects production to increase as it shifts toward mining high-grade silver-copper-antimony tetrahedral ore.

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