×

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

By Thomson Reuters Jan 3, 2025 | 3:29 PM

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.

(Reporting by Ernest Scheyder in Houston; Editing by Matthew Lewis)