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EXCLUSIVE-Biden administration issues permit for Perpetua's Idaho antimony and gold mine

ReutersJan 3, 2025 9:25 PM

By Ernest Scheyder

- The Biden administration on Friday issued the final mining permit for Perpetua Resources' PPTA.O 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.

(Reporting by Ernest Scheyder in Houston
Editing by Matthew Lewis)

((ernest.scheyder@thomsonreuters.com; X: @ErnestScheyder; +1-469-691-7667; Reuters Messaging: ernest.scheyder.thomsonreuters.com@reuters.net))

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