Canadian ore supplier
“10-K Item 1: 'Historically, our Montana facility has purchased ore primarily from one supplier in Canada.'”
Updated
The most significant concentration United States Antimony Corporat discloses is Canadian ore supplier, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
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Source: United States Antimony Corporat’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
“10-K Item 1: 'Historically, our Montana facility has purchased ore primarily from one supplier in Canada.'”
“10-K Item 1: 'generally sells the recovered gold and silver back to the ore supplier, which represents substantially all of the Company's precious metals sales'”
United States Antimony's concentration risk is unusually self-contained: the company's Montana facility has historically purchased ore primarily from one supplier in Canada, and on the other side of that same relationship, it generally sells the recovered gold and silver back to that same ore supplier, which represents substantially all of the company's precious metals sales. This is a dependency-type exposure disclosed at a high level of significance on both the input and output sides of the transaction — the company is not just reliant on one supplier for raw material, but that same counterparty is also effectively its primary buyer for the precious metals byproduct of processing that ore. Because both the supply and sales legs of this precious metals business run through a single Canadian counterparty, this is the dominant risk factor in the disclosure: any disruption to that relationship — whether from a change in terms, a supply interruption, or a shift in the counterparty's own business — would affect both ore availability for the Montana facility and the revenue stream from precious metals recovery simultaneously. There is no diversification cushion visible in the available sources; this single relationship functions as a two-way dependency that ties a substantial part of the business to one counterparty's continued cooperation.
For the engine’s reasoning on UAMY’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| CMP | Compass Minerals Intl Inc | 4 | 0 | 0 | 4 |
| LAC | Lithium Americas Corp. | 3 | 0 | 0 | 3 |
| UAMY● | United States Antimony Corporat | 2 | 0 | 0 | 2 |
| MP | MP Materials Corp. | 1 | 3 | 0 | 4 |
| EMAT | Evolution Metals & Technologies | 1 | 0 | 0 | 1 |
| ALOY | REalloys Inc. | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.