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Perpetua Resources Advances U.S. Antimony Supply Chain

Story Highlights
  • Perpetua Resources and Sunshine Silver aim to meet 40% of U.S. antimony demand.
  • The collaboration seeks to establish a domestic supply chain in response to China’s restrictions.
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Perpetua Resources Advances U.S. Antimony Supply Chain

Perpetua Resources (PPTA) has released an update.

Perpetua Resources and Sunshine Silver have signed a Memorandum of Understanding to explore processing antimony in Idaho, potentially meeting up to 40% of U.S. demand. This collaboration aims to establish a domestic antimony supply chain, crucial for national security as China tightens export restrictions. The Stibnite Gold Project is a key component with its significant antimony reserves.

For further insights into PPTA stock, check out TipRanks’ Stock Analysis page.

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