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PROPERTIES PLANTS AND EQUIPMENT
 12 Months Ended
Dec. 31, 2023
PROPERTIES PLANTS AND EQUIPMENT  
PROPERTIES, PLANTS AND EQUIPMENT

NOTE 6 – PROPERTIES, PLANTS AND EQUIPMENT

 

The components of the Company’s properties, plants and equipment (“PP&E”) by segment at December 31, 2023 and December 31, 2022 were as follows:

 

December 31, 2023

 

Antimony Segment

 

 

Zeolite Segment

 

 

Precious Metals

 

 

 

 

 

USAC

 

 

USAMSA

 

 

BRZ

 

 

Segment

 

 

TOTAL

 

Plant and equipment

 

$1,675,444

 

 

$9,395,022

 

 

$5,336,808

 

 

$1,347,912

 

 

$17,755,186

 

Buildings

 

 

243,248

 

 

 

875,024

 

 

 

2,025,043

 

 

 

-

 

 

 

3,143,315

 

Land and other

 

 

2,727,198

 

 

 

2,764,401

 

 

 

687,639

 

 

 

-

 

 

 

6,179,238

 

Construction in progress

 

 

-

 

 

 

-

 

 

 

8,951

 

 

 

-

 

 

 

8,951

 

PP&E, gross

 

$4,645,890

 

 

$13,034,447

 

 

$8,058,441

 

 

$1,347,912

 

 

$27,086,690

 

Accumulated depreciation

 

 

(2,661,719)

 

 

(6,785,041)

 

 

(3,524,130)

 

 

(661,309)

 

 

(13,632,199)

PP&E, net

 

$1,984,171

 

 

$6,249,406

 

 

$4,534,311

 

 

$686,603

 

 

$13,454,491

 

 

December 31, 2022

 

Antimony Segment

 

 

Zeolite Segment

 

 

Precious Metals

 

 

 

 

 

USAC

 

 

USAMSA

 

 

BRZ

 

 

Segment

 

 

TOTAL

 

Plant and equipment

 

$1,760,926

 

 

$9,090,860

 

 

$4,996,216

 

 

$1,347,912

 

 

$17,195,914

 

Buildings

 

 

243,248

 

 

 

870,534

 

 

 

1,047,023

 

 

 

-

 

 

 

2,160,805

 

Land and other

 

 

2,431,387

 

 

 

2,796,037

 

 

 

16,753

 

 

 

-

 

 

 

5,244,177

 

Construction in progress

 

 

-

 

 

 

280,406

 

 

 

170,535

 

 

 

-

 

 

 

450,941

 

PP&E, gross

 

$4,435,561

 

 

$13,037,837

 

 

$6,230,527

 

 

$1,347,912

 

 

$25,051,837

 

Accumulated depreciation

 

 

(2,767,803)

 

 

(6,212,433)

 

 

(3,392,861)

 

 

(550,616)

 

 

(12,923,713)

PP&E, net

 

$1,667,758

 

 

$6,825,404

 

 

$2,837,666

 

 

$797,296

 

 

$12,128,124

 

 

The properties, plants and equipment by location was as follows:

 

 

 

2023

 

 

2022

 

United States properties, plants and equipment, net

 

$6,579,111

 

 

$4,677,428

 

Mexico properties, plants and equipment, net

 

 

6,875,380

 

 

 

7,450,696

 

Total PP&E, net

 

$13,454,491

 

 

$12,128,124

 

 

The Company’s precious metals segment includes properties, plants and equipment in both the United States and Mexico.

 

At December 31, 2023 and December 31, 2022, the Company had $289,357 and $1,117,041, respectively, of assets that were not yet placed in service and have not yet been depreciated.