Perpetua Resources Receives Final Mining Permit for Idaho Mine, Reports Reuters

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Perpetua Resources Receives Final Mining Permit for Idaho Mine, Reports Reuters

The Biden administration has granted the final mining permit to Perpetua Resources for the antimony and gold mine in Idaho, according to a Reuters report citing familiar sources. This decision is part of a strategy to reduce China's near-total market dominance over a metal widely used in the defense and energy sectors. According to the report, the U.S. Forest Service published the final decision record, essentially permitting the mine, after an eight-year review process.