From Yahoo Finance: 2025-05-26 07:20:00

Perpetua Resources seeks $2bn in EXIM financing for Stibnite Gold Project to boost US antimony production and aid in environmental restoration. Application follows receipt of final federal permit and aligns with US efforts to increase mineral production. CEO Jon Cherry sees project as key asset for national security and economic competitiveness.

China’s restrictions on antimony exports highlight importance of domestic production. Stibnite Gold Project aims to re-establish US antimony production. Perpetua Resources secures Army Corps permit and other authorizations, focusing on obtaining state permits and securing financing for construction.

Perpetua Resources’ increased $2bn EXIM application reflects updated project estimates. Financing could advance Stibnite Gold Project to production, securing US antimony supply. Move aligns with Executive Order to boost mineral production and compete with China. Application follows continuous engagement with EXIM underwriting team.



Read more at Yahoo Finance: Perpetua Resources applies for $2bn EXIM finance for Stibnite Gold Project