Perpetua Resources (PPTA) announced its wholly owned subsidiary, Perpetua Resources Idaho, has agreed to conduct metallurgical testing of antimony concentrate samples from Perpetua’s Stibnite Gold Project with Montana-based United States Antimony (UAMY). The Stibnite Gold Project has an antimony reserve of 148M pounds, making it one of the largest reserves of antimony not under Chinese influence and the only U.S. domestic reserve. The Project is expected to supply about 35% of total U.S. antimony demand in the first six years of operations, based on the 2023 USGS antimony commodity summary.
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