American Tungsten & Antimony (ASX:AT4) announced a strategic acquisition of the Dutch Mountain Project in Utah, which includes the only fully permitted tungsten processing facility in the region and the Fraction Lode mine—noted as America’s last active tungsten-producing site.
By acquiring an existing mill on private land, the company effectively bypasses federal permitting hurdles that typically take up to seven years, accelerating its path to production.
Beyond the Utah facility, the deal includes several historically high-grade mines and an option to acquire the Sage Hen Tungsten Project in Nevada.
This expansion gives AT4 a dominant foothold in the district, allowing them to process their own ore and potentially service other local miners.