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Perpetua Resources gets final mining permit for Idaho mine, Reuters reports

by January 3, 2025
written by January 3, 2025

Investing.com — The Biden administration granted the final mining permit to Perpetua Resources for their antimony and gold mine in Idaho, Reuters reported, citing sources familiar with the matter.

This decision is part of a strategy to reduce China’s almost total market dominance over a metal that is extensively used in the defense and energy sectors.

The U.S. Forest Service published the final record of decision, which is essentially the mine’s permit, after an eight-year review process, the report said.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

This post appeared first on investing.com
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