The Biden administration issued the final mining permit for Perpetua Resources (PPTA)’ antimony and gold mine in Idaho, according to Reuters reporter Ernest Scheyder, citing two sources familiar with the matter, which Reuters noted was “a move aimed at offseting China’s near-total market control of a metal used widely across the defense and energy sectors.”
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PPTA:
- Perpetua Resources Strengthens U.S. Antimony Supply
- Perpetua Resources, US Antimony sign testing agreement
- Perpetua Resources announces continued cooperation with U.S. Antimony
- Perpetua Resources Advances U.S. Antimony Supply Chain
- Perpetua Resources unit, Sunshine Silver sign Memorandum of Understanding
