Applied Minerals Inc

OTC:AMNL

Applied Minerals, Inc. engages in the production of halloysite clay and natural iron oxide solutions. The company is headquartered in Eureka, Utah. The company went IPO on 2001-06-21. 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 work 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.