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Inventories
12 Months Ended
Dec. 31, 2021
Inventories  
5. Inventories

4. Inventories

 

The major components of the Company’s inventories at December 31, 2021 and 2020 were as follows:

 

 

 

2021

 

 

2020

 

Antimony Oxide

 

$234,461

 

 

$67,377

 

Antimony Metal

 

 

439,086

 

 

 

268,100

 

Antimony Ore

 

 

119,046

 

 

 

95,880

 

Total antimony

 

 

792,593

 

 

 

431,357

 

Zeolite

 

 

262,827

 

 

 

218,856

 

Total inventory

 

$1,055,420

 

 

$650,213

 

 

At December 31, 2021 and 2020, antimony metal consisted principally of recast metal from antimony-based compounds, and metal purchased from foreign suppliers. Antimony oxide inventory consisted of finished product oxide held at the Company’s plant. Antimony concentrates and ore were held primarily at sites in Mexico and are essentially raw material. At December 31, 2020, the antimony oxide and ore inventory in Mexico was valued at estimated net realizable value resulting in write-downs of $13,137.