Perpetua Resources receives potential $1.8B financing from US Export-Import Bank for its Stibnite Gold Project in Idaho.
Perpetua Resources receives a Letter of Interest from the US Export-Import Bank for up to $1.8B in financing for its Stibnite Gold Project in Idaho. The potential funding, under EXIM's Make More In America initiative, could provide a 15-year repayment tenor and may be eligible for special consideration under the China and Transformational Exports Program. The project aims to re-establish the US as a source of antimony, a critical mineral component for defense munitions and clean energy technology applications.
April 08, 2024
5 Articles