Perpetua Resources Seeks $2 Billion in EXIM Debt Financing to Advance Stibnite Gold-Antimony Project

MT Newswires Live

2025/05/23

Perpetua Resources (PPTA) said Friday it had formally applied to the US Export-Import Bank for up to $2 billion in debt financing to build its Stibnite Gold Project in Idaho.

The company said the application follows the project's final federal permit approval and ongoing engagement with the Export-Import Bank's underwriting team.

Perpetua Resources said the debt financing would cover most development costs and help establish a domestic source of antimony - a key mineral for national defense - amid tightening Chinese export restrictions.

EXIM will now begin its standard due diligence and eligibility review process, it added.

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