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6. Properties, Plants and Equipment
12 Months Ended
Dec. 31, 2020
Property, Plant and Equipment [Abstract]  
Properties, Plants and Equipment

The major components of the Company's properties, plants and equipment by segment at December 31, 2020 and 2019 are shown below:

 

    Antimony Segment     Zeolite Segment     Precious Metals        

2020

  USAC     USAMSA     BRZ     Segment     TOTAL  
Plant and equipment   $ 815,737     $ 8,757,775     $ 3,743,051     $ 1,266,697     $ 14,583,260  
Buildings     247,210       613,449       410,780       -       1,271,439  
Mineral rights and interests     -       828,523       3,664       -       832,187  
Land and other     3,274,572       2,478,044       15,310       -       5,767,926  
      4,337,519       12,677,791       4,172,805       1,266,697       22,454,812  
Accumulated depreciation     (2,699,781 )     (5,042,381 )     (3,154,244 )     (332,812 )     (11,229,218 )
    $ 1,637,738     $ 7,635,410     $ 1,018,561     $ 933,885     $ 11,225,594  

 

    Antimony Segment       Zeolite Segment     Precious Metals        

2019

  USAC     USAMSA     BRZ     Segment     TOTAL  
Plant and equipment   $ 783,290     $ 9,164,600     $ 3,729,061     $ 813,714     $ 14,490,665  
Buildings     247,210       902,707       410,780       -       1,560,697  
Mineral rights and interests     -       816,786       3,664       -       820,450  
Land and other     3,274,572       2,529,294       15,310       -       5,819,176  
      4,305,072       13,413,387       4,158,815       813,714       22,690,988  
Accumulated depreciation     (2,673,972 )     (4,612,567 )     (2,971,625 )     (245,976 )     (10,504,140 )
    $ 1,631,100     $ 8,800,820     $ 1,187,190     $ 567,738     $ 12,186,848  

 

United States and Mexico components of properties, plants and equipment:

 

    2020     2019  
United States   $ 2,787,181     $ 2,961,895  
Mexico     8,438,413       9,224,953  
Total   $ 11,225,594     $ 12,186,848  

 

The Company’s precious metals segment includes properties, plants and equipment in both the United States and Mexico. In the third quarter of 2020, the Company decided not to renew the lease at the Wadley Mining district in Mexico due to continuing low market price for antimony and to reduce Mexican antimony production while seeking other lower cost sources of antimony ore and concentrates. The net carrying value of the mineral lease of $318,502 was recognized as a loss on mineral properties during the year ended December 31, 2020.

 

In the fourth quarter of 2019, the Company abandoned the Soyatal and Guadalupe mineral properties in Mexico. The net carrying value of the mineral properties of $2,937,259 less the outstanding related notes payable balances, resulted in a loss on mineral properties of $1,410,736 which was recognized during the year ended December 31, 2019.

 

At December 31, 2020 and 2019, the Company had $755,978 and $1,306,579, respectively, of assets that were not yet placed in service and have not yet been depreciated.