Applied Minerals Inc. Stock Analysis AMNL

Applied MInerals is the owner of the Dragon Mine, the only known measured resource of Halloysite Clay in the western hemisphere significant enough for large scale commercial production. The company is headquartered in Eureka, Utah. From the mine the Company extract, process or has processed by a third party, halloysite clay and iron oxide for sale to a range of end markets. The firm markets the minerals directly and through distributors. The company is also engaged in research and development and frequently works collaboratively with customers, consultants, distributors; and a third-party processor to process and enhance its halloysite clay products to improve the performance of its customers’ existing and new products. Its halloysite clay, which the Company markets under the DRAGONITE trade name, is an aluminosilicate mineral with a hollow tubular shape. DRAGONITE can utilize halloysite’s shape, high surface area, and reactivity to add significant functionality to a number of applications. The Company’s iron oxide, which it markets under the AMIRON trade name, sales for use in cement, as well as an absorbent for hydrogen sulfide gas contained in natural gas.