EXCLUSIVE-Biden administration issues permit for Perpetua's Idaho antimony and gold mine

Reuters01-04

By Ernest Scheyder

Jan 3 (Reuters) - The Biden administration on Friday issued the final mining permit for Perpetua Resources' PPTA.O 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 HoustonEditing by Matthew Lewis)

((ernest.scheyder@thomsonreuters.com; X: @ErnestScheyder; +1-469-691-7667; Reuters Messaging: ernest.scheyder.thomsonreuters.com@reuters.net))

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