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U.S. Antimony Reports Record Sales And Pre-Tax Income

United States Antimony Corporation (“USAC”, OTCBB “uamy.ob”) reported record sales of $13,118,090 for 2011 up 45% over $9,073,324 of 2010. Pre-tax income for 2011 was $742,530 up 138% from $312,213 recorded in 2010.

REVENUES

 

      2011     2010     %
Antimony     $ 10,406,636     $ 6,174,062     +68 %
Silver & gold     $ 667,813     $ 420,253     +59 %
Zeolite     $ 2,043,641     $ 2,415,965     -15 %
Total     $ 13,118,090     $ 9,073,324     +45 %

GROSS PROFIT

 
      2011     2010     %
Antimony     $ 888,200     $ 420,253     +111 %
Silver & gold     $ 667,813     $ 483,307     +38

%

Zeolite     $ 111,857     $ 470,172     -76 %
Total     $ 1,674,196     $ 1,373,732     +22 %

Profitability of antimony was strong despite large expansion expenses at the Madero smelter and completion of the Puerto Blanco mill and preparation work at the Los Juarez properties. Zeolite sales and profitability were lower in 2011 due to absence of large sales to the U.S. Department of Energy to remediate a radioactive leak at a plant near Buffalo, New York.

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