US Department of Energy eyes $18 million grant for antimony production

This selection marks a critical step for the company as it seeks to scale its mine-to-metal operations. The ASCEND-Sb project—an acronym for Advancing Smelting Capacity for Expansion and National Dominance in Antimony—is one of nine initiatives chosen under the Infrastructure Investment and Jobs Act. The DOE’s Advanced Mining and Mineral Production Technologies Office will oversee the finalization of the grant’s scope and specific terms.

American Tungsten & Antimony currently holds a diverse portfolio of critical mineral assets across Utah and Nevada, including the Antimony Canyon Project. The company’s growth strategy has accelerated recently, highlighted by a late July agreement to acquire the Del Sol Refinery in Nevada and the White Spar Antimony Mine in Arizona. These assets are vital for securing the supply of antimony and tungsten, both of which are officially classified as critical to national security.