United States Antimony (NYSE-A: UAMY) has received approval to uplist its stock to the New York Stock Exchange, with trading set to begin on March 11. The Texas-based critical minerals producer reported a market capitalization increase to $1.4 billion following the announcement, with shares rising as much as 10%.
In addition to the uplisting, US Antimony received $27 million in funding from the US Defense Department to expand its antimony extraction and refining operations. The company operates a large smelter in Montana and plans to develop a fully integrated operation in Alaska, highlighting the mineral’s importance for national security and industrial applications.
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