United States Antimony Corporation (NYSE American: UAMY) (NYSE Texas: UAMY) announced it has entered into a securities purchase agreement with a leading long-only mutual fund, raising approximately $25 million in gross proceeds. The company, a producer and processor of antimony, zeolite, and other critical minerals, stated that the funds will be used to support inventory expansion, additional leasehold acquisitions in Alaska and Montana, potential capacity increases at the Madero Smelter, strategic acquisitions, and general working capital.
Chairman and CEO Gary C. Evans highlighted that the company has raised $69.25 million in three tranches over the past 45 days from two major institutions at progressively higher share prices, strengthening its institutional shareholder base. The latest offering is expected to close on or about Oct. 14, 2025, with Titan Partners Group, a division of American Capital Partners, acting as sole placement agent. For more details, the full press release is available at https://ibn.fm/EQyvC.
This capital infusion arrives at a critical time for U.S. Antimony. Antimony is classified as a critical mineral by the U.S. government due to its use in flame retardants, ammunition primers, and military applications. The company processes third-party ore into antimony oxide, antimony metal, antimony trisulfide, and precious metals at its facilities in Montana and Mexico. With global supply chains under pressure and demand for domestic critical minerals rising, U.S. Antimony’s expansion efforts aim to reduce reliance on foreign sources, particularly from China, which dominates antimony production.
The company also mines and processes zeolite at its Bear River Zeolite facility in Idaho. Zeolite is used in water filtration, sewage treatment, animal nutrition, and environmental cleanup. During 2024 and 2025, U.S. Antimony began acquiring mining claims and leases in Montana, Alaska, and Ontario, Canada, to broaden its operations and product offerings. The new funding will accelerate these initiatives, including potential strategic acquisitions and capacity increases at the Madero Smelter.
The investment from a leading long-only mutual fund signals growing institutional confidence in U.S. Antimony’s strategy and the strategic importance of domestic critical mineral production. The company has now raised a total of $69.25 million from two major institutions in just 45 days, with each tranche at higher share prices, indicating strong investor demand. For more information about United States Antimony Corporation, visit https://www.usantimony.com/.
