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Exclusive-Biden administration issues permit for Perpetua’s Idaho antimony and gold mine

by
January 3, 2025
in Economy
0
Exclusive-Biden administration issues permit for Perpetua’s Idaho antimony and gold mine

By Ernest Scheyder

(Reuters) – The Biden administration on Friday issued the final mining permit for Perpetua Resources’ 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.

This post appeared first on investing.com
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