INVENTORIES

3 Months Ended

Mar. 31, 2022

INVENTORIES

5. INVENTORIES

NOTE 5– INVENTORIES

Inventories at March 31, 2022 and December 31, 2021 consisted primarily of finished antimony products, antimony metal, antimony ore, and finished zeolite products that are stated at the lower of first-in, first-out cost or estimated net realizable value. Finished antimony products, antimony metal and finished zeolite products costs include raw materials, direct labor and processing facility overhead costs and freight. Inventories at March 31, 2022 and December 31, 2021 are as follows:

	March 31, 2022		December 31, 2021
Antimony Metal	$	397,815	$	234,461
Antimony Oxide		361,797		439,086
Antimony Ore Concentrates		15,222		119,046
Total antimony		774,834		792,593
Zeolite		252,146		262,827
TOTAL INVENTORIES	$	1,026,980	$	1,055,420

Antimony oxide and metal inventory consisted of finished product held at the Company’s plants in Montana and Mexico. Antimony concentrates and ore were held primarily at sites in Mexico. The Company’s zeolite inventory consists of saleable zeolite material.