American Tungsten & Antimony Ltd. Acquires Fully Permitted U.S. Tungsten Mill

Securing a 'Fast-Tracked' Tungsten Production Hub in Utah

Jan. 30, 2026 at 8:31am

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American Tungsten & Antimony Ltd. has executed binding agreements to acquire a 100% interest in the Dutch Mountain Processing Facility and the Dutch Mountain Tungsten Project in Tooele County, Utah. This includes the only fully permitted, operationally proven tungsten processing facility in the Clifton (Gold Hill) Mining district, as well as the Fraction Lode mine, America's last active tungsten-producing mine.

Why it matters

The acquisition of these strategic assets will allow American Tungsten & Antimony to establish a fast-tracked tungsten production hub in the U.S., reducing reliance on foreign sources of the critical mineral. Tungsten is essential for various industrial applications, and domestic supply is crucial for American manufacturing and national security.

The details

The binding agreements provide American Tungsten & Antimony with full ownership of the Dutch Mountain Processing Facility and the Dutch Mountain Tungsten Project. The company also announced plans to advance its American Depository Receipt (ADR) program, naming Deutsche Bank as the depository.

  • On January 30, 2026, American Tungsten & Antimony Ltd. announced the acquisition of the Dutch Mountain assets.

The players

American Tungsten & Antimony Ltd.

A mining company focused on the exploration and development of tungsten and antimony resources in the United States.

Dutch Mountain Processing Facility

A fully permitted, operationally proven tungsten processing facility located in Tooele County, Utah, within the Clifton (Gold Hill) Mining district.

Dutch Mountain Tungsten Project

A strategic industrial asset, including the Fraction Lode mine, which is America's last active tungsten-producing mine.

Deutsche Bank

The depository bank selected by American Tungsten & Antimony Ltd. to advance its American Depository Receipt (ADR) program.

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What they’re saying

“The company continues to be encouraged by initial drilling results at Antimony Canyon, the company's flagship project, which reflect its approach to acquiring top-class assets and systematically aiming to develop exploration plans at an accelerated pace.”

— Booyzen

What’s next

The company plans to advance its American Depository Receipt (ADR) program, with Deutsche Bank named as the depository.

The takeaway

The acquisition of the Dutch Mountain assets positions American Tungsten & Antimony to establish a strategic, fast-tracked tungsten production hub in the United States, reducing reliance on foreign sources of this critical mineral and supporting domestic manufacturing and national security.