Properties, Plants and Equipment

12 Months Ended

Dec. 31, 2021

Properties, Plants and Equipment

Properties, Plants and Equipment

5. Properties, Plants and Equipment

The major components of the Company’s properties, plants and equipment by segment at December 31, 2021 and 2020 are shown below:

	Antimony Segment						Zeolite Segment			Precious Metals
2021	USAC			USAMSA			BRZ			Segment			TOTAL
Plant and equipment	$	837,830		$	8,757,775		$	4,107,641		$	1,330,394		$	15,033,640
Buildings		247,210			613,449			729,930			-			1,590,589
Mineral rights and interests		-			848,012			3,664			-			851,676
Land and other		3,274,572			2,478,044			15,310			-			5,767,926
		4,359,612			12,697,280			4,856,545			1,330,394			23,243,831
Accumulated depreciation		(2,732,809	)		(5,622,555	)		(3,314,658	)		(440,076	)		(12,110,098	)
	$	1,626,803		$	7,074,725		$	1,541,887		$	890,318		$	11,133,733
	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

	2021		2020
United States	$	3,276,155	$	2,787,181
Mexico		7,857,578		8,438,413
Total	$	11,133,733	$	11,225,594

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 disposal of asset during the year ended December 31, 2020.

At December 31, 2021 and 2020, the Company had $665,175 and $755,978, respectively, of assets that were not yet placed in service and have not yet been depreciated.