China is Blocking Antimony Exports

China is Blocking Antimony Exports

America needs Perpetua’s Stibnite Gold Project now

 

The headlines tell the story:

China to limit antimony exports in latest critical mineral curbsChina Adds Metal Used in Ammo to List of Restricted ExportsChina will limit exports of antimony, a mineral used in products from batteries to weapons

China to restrict critical antimony exports as geopolitical tensions target weapons

On September 15th, China will cut off the global supply of antimony in the name of its own national security. China supplies roughly half of the world’s antimony and the United States is currently without a domestic supply.

“Today’s news should set off alarm bells everywhere. China is weaponizing the world’s access to critical minerals, and it’s never been more urgent to secure the United States’ critical mineral supply,” Perpetua’s President and CEO Jon Cherry said of the news this morning. “For a vast, secure source of American-made antimony, Perpetua Resources’ Stibnite Gold Project is the clear solution.”

The Stibnite Gold Project boasts a reserve of 4.8 million ounces of gold and an eye-watering 148 million pounds of antimony, making it one of the largest reserves of antimony not under Chinese influence.

Perpetua Resources’ Stibnite Gold Project is on track for a Final Record of Decision by the end of 2024.

As China exerts its control over global antimony supplies, Perpetua Resources stands ready to provide the antimony we need to secure America’s national defense and clean energy future.

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