Perpetua Resources Secures Additional $6.9 Million in Defense Funding to Enhance Domestic Antimony Trisulfide Supply Chain

Reuters

2025/05/28

Perpetua Resources Secures Additional $6.9 Million in Defense Funding to Enhance Domestic Antimony Trisulfide Supply Chain

Perpetua Resources Corp. has announced that it has been awarded up to $6.9 million in additional funding from the U.S. Army via the Defense Ordnance Technology Consortium. This funding builds upon the previous $15.5 million awarded to the company in 2023. The funds are allocated for testing the feasibility of using materials sourced from Perpetua's Stibnite Gold Project to produce military-specification antimony trisulfide, a critical component in munitions and advanced defense systems. This initiative supports the U.S. Army's objective of establishing a fully domestic antimony trisulfide supply chain. With this latest award, Perpetua Resources has received over $80 million in total from the Department of Defense to further their role in securing a domestic source of critical minerals.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Perpetua Resources Corp. published the original content used to generate this news brief via PR Newswire (Ref. ID: VA97382) on May 28, 2025, and is solely responsible for the information contained therein.

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Perpetua Resources Corp. published the original content used to generate this news brief via PR Newswire (Ref. ID: VA97382) on May 28, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PPTA","symbol_name":"Perpetua Resources Corp.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250528:nNDLc7y3g2:1","article_id":"2538642042","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2538642042","pubTimestamp":1748430069,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Perpetua Resources Corp. has announced that it has been awarded up to $6.9 million in additional funding from the U.S. Army via the Defense Ordnance Technology Consortium. 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