- CEO
- Christopher T. Carney
- Full Time Employees
- 17
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- 1200 Silver City Road Eureka UT United States of America 84628
- IPO Date
- Jul 25, 2002
- Business
- Applied Minerals, Inc. (AMNL) produces and markets halloysite clay and advanced natural iron oxide products from its wholly owned Dragon Mine in Juab County, Utah. The company offers halloysite clay products under the DRAGONITE tradename, including DRAGONITE, DRAGONITE-XR, DRAGONITE-HP, and DRAGONITE-PureWhite, for applications such as molecular sieves and catalysts; flame retardant additives for plastics; binders for ceramics; nucleation and reinforcement of polymers; paints and coatings; batteries; agriculture; environmental remediation; controlled release carriers; and cosmetics. It also provides natural iron oxide products consisting of goethite and hematite under the AMIRON tradename for pigmentary and technical applications. Founded in 1924 and headquartered in Eureka, Utah, the company formerly known as Atlas Mining Company changed its name in October 2009 and sells its products directly and through agents and distributors worldwide. In November 2024, Applied Minerals filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Utah; recent activities include securing purchase orders for DRAGONITE in flame retardants, coatings, and ceramics, entering an agreement to sell its iron oxide assets to enhance liquidity for halloysite expansion, and filing a motion to approve its disclosure statement in April 2025.