United States Antimony (UAMY) Investor presentation summary

Strategic growth and supply chain security

• Over 55 years of antimony industry experience, with recent expansion into tungsten, cobalt, and gold assets in North America and Canada.

• Secured a $245M sole-source contract with the U.S. Defense Logistics Agency and a $106.7M agreement with a major U.S. industrial fabric manufacturer.

• Diversified sourcing from Canada, Bolivia, and Chad, reducing reliance on Chinese supply amid export controls and price surges.

• Fully integrated operations with smelters in Montana and Mexico, and a new hydrometallurgical JV in Idaho to process a wider range of feedstock.

• Strategic government grant applications and uplisting to NYSE Classic Board support future growth and resilience.

Financial performance and milestones

• Revenues grew 182% and gross profit rose 219% year-over-year for 2025, with market capitalization increasing from $192M to $1.515B by April 2026.

• Maintained high liquidity of $152M as of March 31, 2026, supporting ongoing expansion and acquisitions.

• Q1 2026 revenue was $6.78M with 279k lbs of antimony and 3,681 tons of zeolite sold, reflecting investment in growth initiatives.

• Market cap growth driven primarily by stock price appreciation rather than share dilution.

• Equity research coverage from multiple firms with price targets ranging from $11.75 to $14.00.

Critical minerals platform and product portfolio

• Only fully integrated primary antimony producer in North America, with vertical integration from mining to finished products.

• Expanded into tungsten and cobalt, with significant inferred resources and potential revenues exceeding $9.3B for tungsten.

• Bear River Zeolite mine in Idaho offers a 200+ year supply and supports agriculture, water filtration, and environmental markets.

• Proprietary hydromet technology enables cleaner, higher-yield antimony processing and broader feedstock acceptance.

• Product portfolio includes antimony oxide, trioxide, trisulfide, and nanocrystals for defense, energy, and advanced manufacturing.