Published: September 25, 2025 |

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United States Antimony Corporation (USAC) has been awarded an indefinite delivery indefinite quantity (IDIQ) sole-source contract by the U.S. Defense Logistics Agency (DLA) Strategic Materials for up to $245 Million.

The new contract is for the purchase of antimony metal ingots to aid in the replenishment of the National Defense Stockpile (NDS). After a lengthy period of contract negotiations this year, the final contract has been executed and officially awarded to USAC.

“It’s incredibly meaningful for all our employees to play such a strategic role in strengthening our nation’s defense readiness and having the knowledge, expertise, and history that USAC can and will deliver under our contractual obligations. This is the kind of knowledge that is only gained through decades of execution and know-how. USAC has some of the most experienced antimony chemists/metallurgists and other professionals on its team in the global landscape,” said USAC Chairman and CEO, Gary Evans.

“Two people on our team that I wish to highlight today are our SVP of corporate development and government relations, Melissa Pagen, and the president of our antimony division, Gus Gustavsen. Melissa’s shepherding of this contract from beginning to completion was tireless. Her meticulous oversight and commitment to excellence ensured every stage of the process and allowed advancement to a successful close for all parties involved. The antimony expertise of Gus plays a critical role in why this is a sole source contract. Gus is recognized as a subject matter expert in antimony processing, with more than five decades of experience under his belt in all facets of the antimony supply chain. This expertise is a significant reason why USAC preserved and remained viable despite several depressed years of antimony prices. It is also the reason we can say we are the only fully integrated antimony operation, outside of China,” added Evans.

“To put this in proper context, we have successfully won a sole-sourced long-term contract from the U.S. Government for approximately $245 million, while our total reported revenues for 2024 were $14.9 million,” concluded Evans.

This contract represents the next phase of a deepening collaboration between USAC and the DOD/DLA, which began accelerating in late 2024. Fulfillment on this contract will begin upon first delivery order anticipated this week, as both of USAC’s North American smelting facilities already have the capability to produce antimony metal ingots that meet the government’s stringent required specifications.

USAC continues to expand its sources for procuring antimony ore feedstock from countries around the world, along with the development of its own antimony-bearing mineral acreage positions located in the states of Alaska and Montana. Mining operations on USAC’s domestic acreage in Alaska, which began several weeks ago, indicates a high grade and concentration of antimony that is expected to enable highly efficient processing and contribute in the near future to the domestic supply chain of antimony and antimony products — including MIL SPEC antimony trisulfide, while at the same time being an efficient, low-impact operation.

United States Antimony Corporation and its subsidiaries in the U.S., Mexico, and Canada sell antimony, zeolite, and precious metals primarily in the U.S. and Canada. The company processes third party ore primarily into antimony oxide, antimony metal, antimony trisulfide, and precious metals at its facilities located in Montana and Mexico. Antimony oxide is used to form a flame-retardant system for plastics, rubber, fiberglass, textile goods, paints, coatings, and paper, as a color fastener in paint, and as a phosphorescent agent in fluorescent light bulbs. Antimony metal is used in bearings, storage batteries, and ordnance. Antimony trisulfide is used as a primer in ammunition. The company also recovers precious metals, primarily gold and silver, at its Montana facility from third party ore. At its ZEO facility located in Idaho, the company mines and processes zeolite, a group of industrial minerals used in water filtration, sewage treatment, nuclear waste and other environmental cleanup, odor control, gas separation, animal nutrition, soil amendment and fertilizer, and other miscellaneous applications. The company acquired mining claims and leases located in Alaska and Ontario, Canada and leased a metals concentration facility in Montana in 2024 that could expand its operations as well as its product offerings.

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