Biden looks abroad for electric vehicle metals, in blow to U S miners
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Biden looks abroad for electric vehicle metals, in blow to U S miners
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Biden looks abroad for electric vehicle metals, in blow to U S miners
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BOISE, Idaho, May 3, 2021 /CNW/ -
Perpetua Resources Corp. (Nasdaq: PPTA) (TSX: PPTA) ( Perpetua Resources or the Company ) announces it has signed a collaboration agreement (the Agreement ) with United States Antimony Corporation (NYSE: UAMY)( USAC ) to study the potential for processing the Stibnite Gold Project s antimony concentrate at USAC s processing facilities. Perpetua Resources is in the process of permitting America s only mined source of antimony. It is estimated the Stibnite Gold Project has the potential to supply approximately 35 percent of American antimony demand in the first six years of production
1. Critical minerals are the building blocks of a strong domestic supply chain and play a key role in our transition to a greener economy, said Laurel Sayer, CEO of Perpetua Resources. America has the brainpower, spirit of innovation and work ethic to continue to solve some of the world s toughest problems. However, we lac