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

The Biden administration on Friday issued the final mining permit for Perpetua Resources’ (Nasdaq, TSE: PPTA) 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. Read More: How a gold-stibnite restoration in Idaho could add antimony to US supply chain (Reporting by Ernest Scheyder in Houston; Editing by Matthew Lewis).