Message #13 From:
NewsBot Date: October 23, 2006 05:00:00 AM
UAMY News ''U.S. Antimony Announces Major Expansion at Bear River Zeolite Plant''
THOMPSON FALLS, Mont.--(BUSINESS WIRE)--United States Antimony Corporation (OTCBB:UAMY) announced that the Bear
River Zeolite Co., Inc. (“BRZ”
a wholly owned subsidiary of United States Antimony Corp.) is permitting
a major plant expansion for its plant in southern Idaho. The
installation of line electricity has already begun, and a vertical
roller mill has been purchased that has a capacity of approximately 15
tons per hour of very finely ground zeolite. This addition will increase
capacity by approximately 100%. The installation of the electricity is
expected to result in a major reduction in operating costs.
Three thousand tons of the new BRZ production will be sold as a “pozzolan”
for replacement of 10 to 30% of Portland cement in concrete. The
pozzolan increases the strength of the concrete and reduces the
corrosion of the rebar in the concrete. The corrosion of the rebar can
result in failure of structural concrete installations. The balance of
the finely-ground BRZ production will be available for flow agents,
waste water treatment, animal nutrition, environmental remediation,
animal feed palletizing, dairy cow milk supplements, odor control, pond
liners, and a variety of other uses.
BRZ has received the full $500,000 payment for the sale of certain
marketing rights for the Pozzolan.
A major deficit in the domestic supply of Portland concrete has occurred
during the last several years. The BRZ Pozzolan could help offset the
shortage.
Forward Looking Statements:
This Press Release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E of
the Securities Exchange Act of 1934 that are based upon current
expectations or beliefs, as well as a number of assumptions about future
events, including matters related to the Company's operations,
pending contracts and future revenues. Although the Company believes
that the expectations reflected in the forward-looking statements and
the assumptions upon which they are based are reasonable, it can give no
assurance that such expectations and assumptions will prove to have been
correct. The reader is cautioned not to put undue reliance on these
forward-looking statements, as these statements are subject to numerous
factors and uncertainties. In addition, other factors that could cause
actual results to differ materially are discussed in the Company's most
recent filings, including Form 10-KSB with the Securities and Exchange
Commission.
