UAMY
The contract is moving from paper to pallets
United States Antimony Corporation says it has completed its first shipments in the second quarter of 2026 under its $245 million supply contract with the Defense Logistics Agency, the Pentagon's buying arm. Translation: this thing is no longer just a nice press-release trophy sitting on a shelf.
The company says it delivered about 82,000 pounds of antimony metal ingots across the first two shipments, and that those deliveries generated roughly $2.6 million in invoices issued in June. That’s the part investors tend to care about most: actual metal out the door, actual bills sent, actual revenue starting to stack up.
Why this matters
Antimony is one of those boring-until-it-isn't critical minerals. It shows up in defense, energy, and industrial applications, which is why a DLA contract can be a pretty meaningful seal of approval. If USAC can keep shipping consistently, the market gets a clearer picture of how quickly that $245 million order book can turn into real top-line growth.
Big picture
This is still early innings, and one good quarter of shipments doesn’t magically make the story perfect. But for a company that markets itself as a key non-China, non-Russia antimony supplier, landing and executing on government orders is about as close to “show me” as it gets.