Perpetua Resources Secures US$2.9 Billion Loan for Idaho Antimony Project
Source: Investing News Network
2026-05-25 11:08:09 ET
Perpetua Resources (TSX:PPTA,NASDAQ:PPTA) secured a US$2.9 billion loan from the US Export-Import Bank (EXIM) to fund construction of the Stibnite gold project in Idaho, the country’s only planned domestic source of antimony.
The 13-year debt facility includes a US$2.4 billion upfront tranche, with the remainder covering capitalized interest and EXIM exposure fees. Interest is fixed at the applicable long-dated US Treasury bond rate plus 100 basis points.
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Perpetua Resources Secures US$2.9 Billion Loan for Idaho Antimony Project
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