Perpetua, Sunshine Silver sign MOU to explore antimony processing options [Yahoo! Finance]
Perpetua Resources Corp. - Common Shares (PPTA)
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Source: Yahoo! Finance
Both companies have signed an MOU to assess the technical potential for processing and refining antimony from Perpetua's Stibnite antimony and gold project at the Sunshine Mine Complex in Idaho. This collaboration aims to strengthen the domestic antimony supply chain in the US. The MOU is non-binding and non-exclusive, initiating third-party engineering to evaluate a flowsheet suitable for different antimony ore types. The agreement comes at a crucial time as China, which dominates global antimony production, announced an enhanced ban on exports to the US on 3 December 2024. Perpetua Resources president and CEO Jon Cherry said: “Perpetua's MOU with Sunshine Silver is a step in evaluating a fully integrated American antimony supply chain. The Stibnite Gold Project is the only identified domestic reserve of antimony, and with final federal decisions expected in a matter of weeks, Perpetua is ready to work with US companies to help secure domestic production of antimony.” Curr
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News
- Perpetua Resources Corp. (NASDAQ: PPTA) had its "buy" rating re-affirmed by analysts at Roth Mkm. They now have a $15.00 price target on the stock.MarketBeat
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- Idaho Antimony Mine Prepares To Go Live Amid Rising US/China Trade War [Forbes]Forbes
PPTA
Earnings
- 11/13/24 - Beat
PPTA
Sec Filings
- 12/13/24 - Form 4
- 11/20/24 - Form 8-K
- 11/20/24 - Form 424B5
- PPTA's page on the SEC website