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Biden Greenlights Stibnite Project: Boosts Antimony, Gold Supply

10/15/2025

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Summary

Story summary

The Biden administration approved the Stibnite Project by Perpetua Resources in Idaho.
The project will supply more than 35% of U.S. antimony demand and produce about 450,000 ounces of gold annually.
Perpetua Resources has secured over $59 million in government funding for development and environmental restoration.
The company has risen 171% in the past year, reflecting investor confidence and alignment with U.S. critical mineral policies.

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Story summary

The Biden administration approved the Stibnite Project by Perpetua Resources in Idaho.
The project will supply more than 35% of U.S. antimony demand and produce about 450,000 ounces of gold annually.
Perpetua Resources has secured over $59 million in government funding for development and environmental restoration.
The company has risen 171% in the past year, reflecting investor confidence and alignment with U.S. critical mineral policies.