Utah Firm Gets Tax Break for Antimony Project
Trigg Minerals earns a state incentive for its Antimony Canyon Project as the federal government funds critical mineral recovery.
Updated on Nov. 9, 2026 in Electric Vehicles
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The U.S. Department of Energy allotted $162 million to recover critical minerals through nine selected projects, including one run by Trigg Minerals, doing business as American Tungsten & Antimony. The Utah Governor's Office of Economic Opportunity also awarded the company a post-performance tax incentive for its Antimony Canyon Project in Garfield County.
Why it matters
The incentive is designed to diversify rural Utah's economy and reduce reliance on foreign supply chains for minerals used in defense, electronics, and other industries. Antimony is used as a fire retardant in car seats, in ammunition and military-grade alloys, and in semiconductors and circuit boards.
The project is projected to add 400 high-paying jobs and more than $287 million in investment in rural Utah over nine years, generating an estimated $41,362,361 in new tax revenue. The state incentive equals 40% of eligible new state tax revenue the project generates.
The players
U.S. Department of Energy
The federal department that selected nine projects and allotted $162 million to recover critical minerals, materials and byproducts.
Trigg Minerals
A company doing business as American Tungsten & Antimony that operates the Antimony Canyon Project in Utah.
Utah Governor's Office of Economic Opportunity
The state office that awarded Trigg Minerals a post-performance tax incentive for the Antimony Canyon Project.
The details
The Antimony Canyon Project is based in Garfield County near the town of Antimony and has expanded into Iron County. Under the state's Rural Economic Development Tax Increment Financing program, the company advances in stages, beginning with environmental and cultural baseline studies, followed by resource evaluation and pilot-scale processing.
Timeline
Earlier in 2026: DOE selected nine critical minerals recovery projects.
Over the next nine years: Projected job creation, investment and tax revenue from the Antimony Canyon Project.
Roadmap
The award reflects the federal push to secure domestic supplies of critical minerals used in defense and electronics, a policy effort that has broadened to include state incentives. It places a Utah antimony project within a wider effort to reduce reliance on foreign supply chains for materials used in both consumer and military technology.
Antimony is used as a fire retardant in car seats, which means the mineral supply chain touches vehicle interiors directly. Any expansion of domestic antimony output could eventually affect the availability of materials used in vehicle components and electronics.
The takeaway
Domestic critical mineral projects depend on both federal funding and state incentives to move from planning to production. Readers tracking EV and electronics supply chains should watch whether the Antimony Canyon Project meets its staged milestones.
Further reading
For related coverage of battery and mineral supply chains, see Electric Vehicles.
Source note: This article includes information reported by Cedar City News.
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