EXCLUSIVE-Biden administration issues permit for Perpetua's Idaho antimony and gold mine
By Ernest Scheyder
Jan 3 (Reuters) - 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))
Related Articles
What Impact Will California Wildfires Have on The Stock Market?
TradingKey - Right now in the US, there are ferocious wildfires that are destroying acres of both land and homes in California. Being spread by strong winds, the fires are also heading towards major urban centres, like Los Angeles.
Gold Stocks: Should Investors Consider Buying Them?
TradingKey - While global stock markets and Bitcoin are close to all-time highs, there are also other assets out there that investors should consider.
Why Did Red-Hot Quantum Computing Stocks Just Plunge Over 40%?
TradingKey - Unless you’ve been living under a rock in the last few months of 2024, most investors will have been aware that quantum computing stocks were on fire. Given the hype surrounding the breakthrough of the “Willow” quantum computing chip by Alphabet Inc (NASDAQ: GOOGL), quantum computing st
Stocks Themes that can Make Big Moves at The Consumer Electronics Show (CES) 2025
Historically, CES was mainly for tech enthusiasts. However, recently it has been attracting a lot of attention from investors wanting to see how consumer electronic firms will be able to navigate the AI wave to boost their sales.
