American Tungsten & Antimony Targets Domestic Supply Chain Independence

The agreement, finalized on July 28, 2026, involves a mix of cash and stock to bring the Del Sol facility under company control. CEO Casper Adson identified the refinery as a rare, permitted asset in a market currently lacking domestic antimony processing capabilities. The company plans to leverage the site’s existing hydromet infrastructure to produce antimony metal flake, with a secondary phase focused on expanding into tungsten APT production.

Executive chair Tim Morrison emphasized that the strategy is designed to create a "mine-to-metal" American supply chain, contrasting the firm’s approach with peers who rely on imported ore. This move aligns with recent federal mandates requiring the defense industry to prioritize domestic sources for critical minerals. In addition to these new assets, the company continues to develop its flagship Antimony Canyon Project in Utah and several tungsten sites across Nevada and Utah, positioning itself as a key supplier for U.S. national security interests.