A Strategic Mineral Supplier Gains Ground with U.S. Defense Contracts

In a global scramble for critical minerals, one American company is emerging as a vital supplier for national security interests. US Antimony is capitalizing on the strategic importance of its core commodity while securing substantial, long-term agreements with the U.S. government. This raises questions about the sustainability of its remarkable stock performance.

The company's recent financial results highlight a period of explosive growth. For the first nine months of 2025, US Antimony reported revenue soaring to $26.23 million. This figure represents a staggering 182 percent increase compared to the same period the prior year. The equity, which had already appreciated by more than 250 percent since the start of the year, saw further modest gains following recent contract announcements.

This growth occurs against a backdrop of a volatile market for antimony, a mineral classified as critical by the United States. Prices for antimony trioxide softened in November, attributed to weaker demand from China and seasonal factors. A significant policy shift occurred on December 9, 2025, when China temporarily lifted its export ban on antimony to the U.S. Concurrently, the U.S. military is developing small-scale refineries to bolster domestic supply chain independence for such minerals, enhancing the value of reliable domestic producers like US Antimony.

Should investors sell immediately? Or is it worth buying US Antimony?

Securing the National Stockpile

The cornerstone of US Antimony's strengthened position is a major, sole-source framework agreement with the U.S. Defense Logistics Agency. This five-year contract is valued at up to $245 million and is specifically aimed at replenishing the national defense stockpile with antimony ingots. Beyond this pivotal government deal, the company has also locked in a new five-year supply agreement with an industrial customer, diversifying its revenue streams.

Operational Updates and Governance

On the operational front, the company announced the extraction of approximately 800 tons of antimony ore in Montana in late November. Mining activities are expected to pause due to winter conditions. From a corporate governance perspective, the board was strengthened by appointing a new independent director. This individual will also chair a newly established financial committee, signaling a focus on oversight and strategic financial management.

The fundamental outlook for US Antimony has improved markedly due to these long-term government commitments. However, investors are advised to monitor persistent commodity price volatility and seasonal operational fluctuations. Forthcoming quarterly reports will provide clarity on how the new contracts are translating into bottom-line profitability.