AT4 Strikes First Antimony Ingots, Eyes Nasdaq and US Growth
American Tungsten & Antimony Ltd (ASX, AT4) has produced its first antimony ingots from its Utah project, validating its processing approach and advancing its US growth ambitions including a planned Nasdaq listing.
- First antimony ingots produced from Antimony Canyon Project material
- Proof-of-concept metallurgical testwork confirms processing strategy
- Metso Ausmelt concept study supports smelter development within two years
- Plans underway for Nasdaq listing in Q2 2026 to access US capital markets
- Ongoing engagement with US government and strategic acquisitions in progress
Milestone Achievement at Antimony Canyon
American Tungsten & Antimony Ltd (ASX, AT4) has marked a significant step forward by producing its first antimony ingots from ore sourced at its Antimony Canyon Project (ACP) in Utah. This achievement, part of metallurgical testwork conducted at an independent facility, serves as a tangible proof-of-concept for the company’s processing approach, following the delivery of a detailed Metso Ausmelt concept study and plant design last September.
Strategic US Expansion and Supply Chain Ambitions
AT4’s milestone is more than a technical success; it underpins the company’s broader strategy to establish a domestic mine-to-metal critical minerals supply chain in the United States. Antimony, a critical mineral with applications in defence, clean energy, and strategic manufacturing, is central to this vision. The company is actively advancing exploration and drilling at ACP while simultaneously pursuing strategic acquisitions to expand its US project portfolio.
Capital Markets and Government Engagement
In a move to bolster its growth trajectory, AT4 is preparing for a Nasdaq listing targeted for the second quarter of 2026. This listing aims to provide access to deeper capital markets and enhance the company’s profile among US investors. Complementing this, AT4’s leadership is engaging with US government stakeholders, with key executives scheduled to visit Washington, D.C. imminently, signalling the company’s commitment to aligning with national critical minerals priorities.
Looking Ahead
With additional stockpiled material ready for further ingot production, AT4 is poised to continue demonstrating the viability of its processing methods and scaling operations. The company’s progress reflects a broader industry trend towards securing domestic sources of critical minerals amid global supply chain uncertainties.
Bottom Line?
AT4’s first antimony ingots are a clear signal that its US growth strategy is gaining momentum, but the road to commercial production and market impact remains to be fully charted.
Questions in the middle?
- When will AT4 transition from testwork to commercial-scale antimony production?
- How will the proposed Nasdaq listing influence AT4’s access to capital and investor base?
- What outcomes can be expected from AT4’s upcoming engagements with US government stakeholders?
