United States Antimony Corporation announced on November 6, 2024, that it has successfully staked and recorded an additional 24 new claims in Alaska. These claims total 3,840 acres and are located near Stibnite Creek in the Tok area, approximately 200 miles southeast of Fairbanks.
This strategic expansion places UAMY in a region known for its antimony resources along the Alaska Highway. The acquisition of these claims is a direct move to bolster the company's domestic supply chain for critical minerals.
The increased land ownership in an antimony-rich area supports UAMY's long-term objective of establishing a vertically integrated domestic supply chain. This move aims to reduce the company's dependence on foreign ore and enhance its operational control over raw material sourcing.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.