US Antimony Corp wins $245 million Pentagon contract to build defense stockpile

Investing.comTuesday, September 23, 2025 at 11:12:31 AM
US Antimony Corp wins $245 million Pentagon contract to build defense stockpile
US Antimony Corp has secured a significant $245 million contract with the Pentagon to enhance the nation's defense stockpile. This contract not only underscores the company's growing role in national security but also highlights the increasing demand for domestic production of critical materials. Such initiatives are vital for ensuring the U.S. military's readiness and reducing reliance on foreign suppliers.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
Pentagon Introduces New Restrictions on Reporter Access
NegativeFinancial Markets
The Pentagon has announced new restrictions that could significantly limit reporter access to military information. Reporters will now be required to pledge not to use any unauthorized information, which raises concerns about press freedom and transparency. This move comes after Defense Secretary Pete Hegseth's recent press briefing following the Iran strike, highlighting the ongoing tension between the military and the media. Such restrictions could hinder the public's right to know about military actions and decisions, making it a critical issue for journalists and citizens alike.
Pentagon Hails Restart Of Critical Minerals Mine In Idaho
PositiveFinancial Markets
The Pentagon's announcement about the reopening of the Stibnite mine in Idaho is a significant development for the U.S. supply chain, particularly for the critical mineral antimony. This move not only aims to bolster domestic production but also reflects a broader strategy to reduce reliance on foreign sources. As the demand for antimony grows, this mine's revival could play a crucial role in ensuring a stable supply, which is vital for various industries, including electronics and defense.
Pentagon places new restrictions on reporters in return for access
NegativeFinancial Markets
The Pentagon has implemented new restrictions on reporters, requiring them to only publish information that has been authorized by the defense department. This move by the Trump administration raises concerns about press freedom and the ability of journalists to report independently. It highlights the ongoing tension between government transparency and national security, making it a significant issue for media professionals and the public alike.
Latest from Financial Markets
Fed's Bostic Concerned There's More Inflation Ahead
NegativeFinancial Markets
Federal Reserve Bank of Atlanta President Raphael Bostic has expressed concerns about the potential for rising inflation, emphasizing the need for vigilance ahead of a live recording of the Macro Musings podcast. This is significant as it highlights ongoing worries about economic stability and the Fed's role in managing inflation, which can impact interest rates and overall economic growth.
Trump’s $100,000 H-1B Visa Fee Puts Many Tech Start-Ups in a Bind
NegativeFinancial Markets
The recent decision to impose a $100,000 fee on H-1B visas by the Trump administration has left many tech start-ups struggling to cope. This hefty fee could deter innovation and growth in the tech sector, as smaller companies often rely on these visas to attract skilled talent from abroad. The implications of this policy could stifle competition and hinder the ability of start-ups to thrive in an already challenging economic landscape.
U.S. Mid-Atlantic Factory Activity Declines More Severely as Fed Cuts Rates
NegativeFinancial Markets
The latest report from the Richmond Fed reveals a concerning decline in factory activity in the Mid-Atlantic region, with the manufacturing index dropping significantly from minus seven in August to minus 17 in September. This sharp decline highlights the challenges facing manufacturers and raises questions about the overall economic outlook, especially as the Federal Reserve cuts rates. Understanding these trends is crucial for businesses and policymakers alike, as they navigate the complexities of a changing economic landscape.
Meet Erika Kirk, the 36-year-old CEO of Turning Point USA, who has three degrees, two kids, and a clothing brand
PositiveFinancial Markets
Erika Kirk, at just 36, has stepped into the role of CEO at Turning Point USA, a significant conservative organization, following the tragic assassination of her husband, Charlie Kirk. With three degrees and two children, she embodies resilience and determination. Her leadership is crucial not only for the organization but also for the conservative movement in America, as she brings fresh perspectives and a personal commitment to its mission.
Sonos stock hits 52-week high at $15.92
PositiveFinancial Markets
Sonos stock has reached a 52-week high of $15.92, reflecting strong investor confidence and positive market trends for the company. This milestone is significant as it indicates a recovery and growth potential for Sonos, which has been working to innovate and expand its product offerings. Investors are likely to view this upward trend as a promising sign for future performance.
Fed’s Bowman: Fed needs to be decisive in fending off job market risks
NeutralFinancial Markets
Federal Reserve Governor Michelle Bowman emphasized the importance of the Fed being decisive in addressing potential risks to the job market. Her comments highlight the ongoing challenges the economy faces, particularly in maintaining employment levels amid various uncertainties. This is crucial as it affects not only job seekers but also the overall economic stability.