Biden administration issues permit for Perpetua's Idaho antimony and gold mine

Perpetua Resources

03/01/2025 21:25

By Ernest Scheyder
       Jan 3 (Reuters) - The Biden administration on Friday
issued the final mining permit for Perpetua Resources'  PPTA.O 
antimony and gold mine in Idaho, according to two sources
familiar with the matter, a move aimed at offseting China's
near-total market control of a metal used widely across the
defense and energy sectors.
    The administration published the final record of decision -
essentially the mine's permit - through the U.S. Forest Service
for Perpetua's Stibnite project after an eight-year review
process, according to the sources. Representatives for the
Forest Service and Perpetua were not immediately available to
comment.   

 (Reporting by Ernest Scheyder in Houston
Editing by Matthew Lewis)
 ((ernest.scheyder@thomsonreuters.com; X: @ErnestScheyder;
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