Perpetua Resources ( (PPTA) ) has provided an announcement.
Perpetua Resources Corp. has welcomed President Donald Trump’s Executive Order aimed at bolstering domestic mineral production, which supports the company’s Stibnite Gold Project. This project, which has received a positive Record of Decision from the U.S. Forest Service, is set to produce gold and antimony, a critical mineral for national defense and energy industries. The Executive Order empowers the use of the Defense Production Act to enhance domestic production capabilities and provides financial tools for mining projects. Perpetua is evaluating these programs for potential eligibility and aims to establish a fully integrated domestic supply chain for antimony, countering China’s dominance in the market. The project is expected to meet significant portions of U.S. antimony demand and provide strategic benefits, including job creation and environmental restoration.
More about Perpetua Resources
Perpetua Resources Corp. is focused on the exploration, site restoration, and redevelopment of gold-antimony-silver deposits in the Stibnite-Yellow Pine district of central Idaho. The Stibnite Gold Project is one of the highest-grade, open pit gold deposits in the United States.
YTD Price Performance: 0.90%
Average Trading Volume: 870,202
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $755.7M
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