US Antimony receives $27M Defense Production Act funding
- •This is *huge* for them to modernize and expand their Montana facility.
- •This DPA funding is basically putting serious money where the government's mouth is.
- •Antimony is often overlooked, but it's essential for a bunch of defense applications – fire retardants, alloys, etc.
Hey everyone, just read this article on Mining.com about US Antimony getting $27M in DPA funding (https://www.mining.com/us-antimony-receives-27m-defense-production-act-funding/). This is huge for them to modernize and expand their Montana facility. I've been keeping an eye on the critical minerals space for a while now, especially with all the geopolitical stuff going on, and seeing direct government investment like this really makes me think about the long-term implications.
My portfolio has a small allocation to a few juniors in the critical minerals sector, and I've always thought the onshoring of supply chains was inevitable. This DPA funding is basically putting serious money where the government's mouth is. Antimony is often overlooked, but it's essential for a bunch of defense applications – fire retardants, alloys, etc. To me, this move screams national security priority, and it's not just lip service. I'm thinking about my kids' future and the economy they'll inherit, and having these essential resources produced domestically feels like a really smart long-term play, even if it's not always the cheapest in the short run.
What are your thoughts on this? Does anyone here have US Antimony in their portfolio, or other critical mineral plays? Do you see this as a one-off, or the start of more significant DPA funding for other strategic metals? Would love to hear some other perspectives on what this means for the broader market and for domestic production.