United States Antimony (UAMY) stock surged 11.64% to $9.11 after President Trump announced a five-day pause on planned U.S. strikes against Iranian energy facilities. The de-escalation eased market tensions, with oil prices dropping over 8% and Dow futures rising 900+ points. The potential relief from inflation pressures and reduced energy costs could benefit precious metals and antimony demand.

United States Antimony Corporation (UAMY) shares fell 6.50% on Wednesday as precious metals stocks declined broadly. A stronger U.S. dollar and falling gold prices weighed on the sector despite escalating Middle East tensions. Gold prices dipped as the dollar strengthened and inflation concerns boosted expectations for higher interest rates, offsetting safe-haven demand from geopolitical risks.

Antimony is gaining strategic importance in the critical minerals sector, with the global market expected to grow from $2.5B to $4.3-4.4B by 2035. Limited supply, rising defense and electronics demand, and concerns about China's dominance are driving Western interest in domestic production. Key developments include American Antimony's strong metallurgical test results (63% concentrate at 97% recovery), a new joint venture between US Antimony and Americas Gold and Silver, and progress on major projects by Perpetua Resources, Lithium Americas, and MP Materials.

Rare earth and critical minerals stocks plummeted Thursday after Reuters reported the Trump administration is walking back price floor guarantees for domestic critical mineral projects, requiring future projects to prove 'financial independence' instead. MP Materials and U.S. Antimony disputed the report's accuracy, clarifying that existing government contracts remain intact. The sell-off was triggered by concerns about reduced federal support for the domestic rare earth supply chain.

Russia and Belarus have shown support for Venezuelan President Nicolas Maduro amid increasing U.S. pressure for his removal. Putin reaffirmed support during a phone call, while Belarus signaled Maduro would be welcome, as Trump escalates military presence in the Caribbean.

The U.S. government is planning to acquire equity stakes in critical minerals companies to challenge China's dominance in rare earth materials supply, with over $1 billion invested in the past year to support domestic mineral producers.

As trade tensions with China escalate, rare earth stocks are gaining attention, with several lesser-known companies offering strategic exposure to critical minerals and emerging technologies.

The Pentagon is planning a $1 billion stockpile of critical minerals to reduce dependence on China and secure defense supply chains, targeting metals like cobalt, antimony, tantalum, and scandium amid growing geopolitical tensions.

The article discusses how the U.S. government and western institutions are supporting domestic development of critical minerals to break China's stranglehold. Companies like Ares Strategic Mining, Century Aluminum, United States Antimony, NioCorp Developments, and Taseko Mines are ramping up production to address the growing demand for these minerals.

The article discusses three emerging growth stock ideas from the 2024 Think Equity Conference, including Cel-Sci, NetSol Technologies, and United States Antimony Corporation.

China's recent changes to export controls on critical minerals like antimony and tungsten could have serious global supply chain implications. Mining companies are working to improve the chances for countries outside of China to compete in the critical minerals market.

Top Stories for March 11, 2024: 1. United States Antimony Corporation (NYSE:UAMY) announced the immediate discontinuation of all operations in Latin America, including the sale or closure of its U.S. Antimony de Mexico subsidiary. This action will affect the company's Madero smelter and the Puerto Blanco mining facility due to their long-standing negative cash flow and lack of future profitability.  The move aims to improve cash flow for its remaining business in Thompson Falls, Montana.  The company plans to sell or lease the affected assets and has begun looking for buyers or lessees. The financial impact of these actions is currently unclear.  United States Antimony will retain its Los Juarez mining claims, which have significant exploration potential but no active operations. Chairman and Co-CEO ...Full story available on Benzinga.com