Co.’s Stock Soars on Possible Export-Import Bank Loan News

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Source: Streetwise Reports 04/10/2024 Perpetua Resources Corp.'s Stibnite project in Idaho has a mineral you may not have heard of: Antimony. But it's an important material needed for national defense, and right now most of it comes from China, Russia, and Tajikistan. As the West continues to try and break free of resource dependence on China in the new green economy, developer Perpetua Resources Corp. (NASDAQ:PPTA) announced it has received a Letter of Interest (LI) from the Export-Import Bank (EXIM) of the United States for up to US$1.8 billion financing for its Stibnite gold and antimony project in Idaho. Antimony...