Slide 1: United States Antimony Corporation
UNITED STATES ANTIMONY CORPORATION NYSE: UAMY 1
Slide 2: Forward-Looking Statements
NYSE: UAMY FORWARD-LOOKING STATEMENTS References in this presentation to the “Company,” “we,” “us” and “our” refer to United States Antimony Corporation (“USAC”) and its consolidated subsidiaries. The statements in this presentation that are not historical facts may be forward-looking statements. Th
Slide 3: Our business
Our business Our principal business is the extraction, processing and sale of antimony and zeolite hard minerals. • Founded in 1968 • On May 16, 2012, the Company started trading on the NYSE under the symbol UAMY • Reported record revenues and net income in fiscal year 2022 • Significant board and m
Slide 4: The markets
NYSE: UAMY The • USAC is the ONLY North American producer of Antimony products, including: antimony oxide, antimony metal, and markets antimony tri-sulfide • Historically, five countries are major players in the Antimony space: Bolivia, Mexico, China, Russia, and Serbia/Montenegro. • Bolivia and Mex
Slide 5: Corporate Office & Plant – Thompson Falls, Montana
NYSE: UAMY CORPORATE OFFICE & PLANT – THOMPSON FALLS, MONTANA 5
Slide 6: Zeolite and Antimony uses
zeolite WATER FILTRATION ANTIMONY ENVIRONMENTAL REMEDIATION MUNITIONS • Water contamination • Lead Hardening • Nuclear • Primer Production • Coal FLAME RETARDANTS ASTRO TURF INSULATION SEMICONDUCTORS ANIMAL FEED SUPPLEMENT BATTERIES ODOR REDUCTION 6 NYSE: UAMY
Slide 7: Bear River Zeolite Mine & Plant
BEAR RIVER ZEOLITE MINE & PLANT 7
Slide 8: Zeolite Mine – Idaho
NYSE: UAMY ZEOLITE MINE-IDAH0 BEAR RIVER ZEOLITE OPERATIONS • 22 Employees • New plant manager • Monthly shipments of material increasing in 2022 • Modernizing packaging equipment Preston, Idaho ZEOLITE MINE & 4005 East Glendale Road CRUSHING PLANT Preston, Idaho 8
Slide 9: Zeolite applications
NYSE: UAMY Odor Control: A major cause of odor around cattle, hog, and poultry feed lots is the generation of the ammonium in urea and manure. The ability of zeolite to absorb ammonium prevents the formation of ammonia gas, which disperses the odor Animal Nutrition: According to third-party research
Slide 10: Zeolite applications
NYSE: UAMY Soil Amendment and Fertilizer: Zeolite has been successfully used to fertilize golf courses, sports fields, parks and common areas, and high value agricultural crops Water Filtration: Zeolite is used for particulate, heavy metal and ammonium removal in swimming pools, municipal water syst
Slide 11: Zeolite Total Revenues
ZEOLITE TOTAL REVENUES ZEOLITE BRZ ZEOLITE MINE $3,500,000 PRESTON, IDAHO $3,151,330 $3,000,000 $2,593,641 $2,623,117 $2,500,000 $2,118,823 $2,000,000 $1,500,000 $1,000,000 $500,000 $- 2022 2021 2020 2019 11
Slide 12: Antimony byproducts
ANTIMONY ANTIMONY METAL byproducts • ANTIMONY OXIDES • ANTIMONY TRIOXIDE • ANTIMONY TRI-CHLORIDE • ANTIMONY TRISULFIDE • ANTIMONY NANOCRYSTALS NYSE: UAMY 12
Slide 13: Antimony Production Locations in Mexico
ANTIMONY PRODUCTION LOCATIONS IN MEXICO Madero Smelter Sierra Guadalupe Property Puerto Blanco Flotation Facility Mexican Corporate & Fiscal Office Los Juarez Property Soyatal Property NYSE: UAMY Wadley 13
Slide 14: Antimony
Antimony is on the government's list of critical ANTIMONY minerals that are essential for the country's economic and national security We have the only two operating, permitted We estimate that our present share antimony smelters in North and Central America of the domestic market and international
Slide 15: Rotterdam Yearly Average Price of Antimony
ROTTERDAM YEARLY AVERAGE PRICE OF ANTIMONY $14,000 $13,244 (USD/MT) $12,000 $11,055 $10,000 $8,284 $8,000 $6,694 $5,922 $6,000 $4,000 $2,000 $0 2022 2021 2020 2019 2018 15
Slide 16: US Antimony Corporate Antimony Sales
US ANTIMONY CORPORATE ANTIMONY SALES 2022 $7,631,671 2021 $4,815,524 Sales USD 2020 $2,942,628 2019 $5,450,649 2022 1,394,036 2021 911,079 Lbs. Metal Sold 2020 815,310 2019 1,566,585 0 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000 6,000,000 7,000,000 8,000,000 9,000,000 2022 2021 2020 2019 16
Slide 17: US Antimony Average Price per Lb
US ANTIMONY AVERAGE PRICE PER LB $6.00 $5.47 $5.29 $5.00 $4.00 $3.61 $3.48 $3.00 $2.00 $1.00 $- 2022 2021 2020 2019 17
Slide 18: US Antimony Sales to Largest Customers
US ANTIMONY $2,000,000 SALES TO LARGEST CUSTOMERS 25% 24% $1,800,000 36% $1,600,000 $1,400,000 $1,200,000 24% $1,000,000 11% 18% $800,000 10% 10% 10% $600,000 11% 10% $400,000 3% $200,000 0% 0% $- Company A Company B Company C Company D Company E Company F Company G 18 2022 2021
Slide 19: PPI Commodity Data for Metals and Metal Products
PPI COMMODITY DATA FOR METALS AND METAL PRODUCTS, NOT SEASONALLY ADJUSTED 350 330 310 290 270 250 230 210 190 Item: Metals and metal products Base Date: 198200 170 Years: 2013 to 2023 https://data.bls.gov/timeseries/WPU10?amp%253bdata_tool=XGtable&output_view=data&include_graphs=true 150 2013 2014 2
Slide 20: Late 2022/2023 accomplishments
NYSE: UAMY Late 2022 • Senior Management Changes • President Resigned from Company and Board /2023 • New Chief Financial Officer, started in July (Full time) • Prior Controller, Chief Accounting Officer Resigned accomplishments • Board of Director Changes • Three Resigned • Three New Seasoned Busine
Slide 21: Forward strategy
NYSE: UAMY Forward • Bring this Company to the 21st Century strategy • Continue improving thruput and efficiency at BRZ Zeolite mine with new plant manager • Complete a thorough review of all Antimony assets in Mexico to determine a strategy going forward. • It is clear that there is a consolidation
Slide 22: Acquisition Opportunities
NYSE: UAMY ACQUISITION OPPORTUNITIES Board and management are currently evaluating three separate acquisition opportunities available in the U.S. predominantly around Zeolite. These are complementary transactions, any one of which, if successful, could have meaningful growth prospects for the Compan
Slide 23: Recent Insider Stock Purchases
NYSE: UAMY RECENT Insider STOCK Purchases CHAIRMAN OF THE BOARD Gary C. Evans: 1,078,818 shares BOARD MEMBER Tim Hasara: 1,490,000 shares 23
Slide 24: Stock Repurchase program
NYSE: UAMY Stock Repurchase program The Board of Directors authorized and initiated a stock repurchase program in late 2022 up to a maximum of 5,000,000 shares. 418,696 shares have been acquired under such program 24
Slide 25: Corporate profile
Usac United States Antimony Corporation NYSE Symbol: UAMY Corporate profile Share price (8/4/2023): $0.41 52 Week Range: $0.29 – $0.52 Market Capitalization: $44 Million +/- Significant Cash at 12/31/2022: $19,117,666 Average Daily Volume (3 month): 197 K Shares Outstanding: 107.65 Million Company d