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(11) stories found containing 'perpetua resources'


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  • A miner registers at desk at sign that reads “For Freedom’s Sake” in 1943.

    DOD increases Idaho antimony funding

    Shane Lasley, Metal Tech News|Updated Feb 21, 2024

    Pentagon agrees to invest an additional $34.6 million to establish a domestic source of metalloid critical to military and civilians. To help break America's reliance on China and Russia for the antimony needed for military hardware and munitions, the U.S. Department of Defense has conditionally agreed to invest up to an additional $34.6 million into Perpetua Resources Corp.'s Stibnite gold-antimony mine in Idaho. "This latest award from the Department of Defense brings us a...

  • Fully equipped army soldier enters area with smoke and fire at night.

    Pentagon prioritizes critical minerals

    Shane Lasley, Metal Tech News|Updated Feb 6, 2024

    Reshoring mineral supply chains lost to globalization is a key part of DOD National Defense Industrial Strategy The urgency to onshore critical mineral supply chains in the United States has begun to shift away from a need to secure reliable sources of the minerals and metals needed to support the nation's economy and clean energy ambitions toward the need for these same mined commodities to defend American ideals and interests at home and abroad. "Establishing a fully... Full story

  • A U.S. Army soldier stands in a cloud of smoke during night training exercises.

    Pentagon ups Idaho antimony investment

    Shane Lasley, Metal Tech News|Updated Aug 31, 2023

    Awards Perpetua additional $15M to help establish a mine-to-munition antimony supply chain that begins at Stibnite Gold project in Idaho. As part of its commitment to establishing domestic supplies of the minerals and metals critical to America's economy and security, the U.S. Department of Defense is investing another $15.5 million to help establish an antinomy supply chain that begins at Perpetua Resources Corp.'s Stibnite Gold project in Idaho. Used in a wide range of...

  • A U.S. special forces soldier in a billow of smoke during a night patrol.

    Pentagon looks to Idaho for antimony

    Shane Lasley, Metal Tech News|Updated Apr 16, 2023

    Perpetua receives two DOD grants to study military-grade antimony from Stibnite, ID Geopolitical tensions with China and Russia's war with Ukraine has the Pentagon concerned about securing domestic supplies of antimony, a metal-like element that is critical to military hardware and emerging renewable energy storage technologies. To investigate the potential of securing this supply from an Idaho antimony mine that was attributed to saving 1 million American soldiers during... Full story

  • Soldier fires a machine gun while lying in the snow during winter exercises.

    DoD supports Perpetua's antimony project

    Shane Lasley, Metal Tech News|Updated Dec 20, 2022

    In a move to break America's dependence on China and Russia for the antimony needed for ammunition, fireproofing compounds, night vision goggles, and other military hardware, the Pentagon is providing $24.8 million to help reestablish a domestic antimony mine at Perpetua Resources Corp.'s Stibnite Gold project in Idaho. While originally established as a gold mine, Stibnite shifted its focus to strategic metals to support the U.S. military during World War II. From 1941 to 1945... Full story

  • U.S. military uses antimony in a wide array of equipment to protect the country.

    Antimony at top of strategic concerns

    Shane Lasley, Data Mine North|Updated Sep 12, 2022

    Russia and China's control of global supplies worry DC lawmakers From its uses in flame retardants that have saved countless American lives to being an important ingredient in batteries poised to be the answer to the challenge of storing intermittent renewable energy, few metals are more critical to the national security and economic wellbeing of the United States than antimony. Described as a metalloid, which means it falls somewhere between metals such as zinc and solid... Full story

  • Green Berets on patrol with a UH-60 Blackhawk helicopter in the background.

    Russia's war heightens antimony concerns

    Shane Lasley, Metal Tech News|Updated Jul 12, 2022

    The supply chain repercussions of Russia's war with Ukraine have policymakers in Washington, DC concerned about securing supplies of antimony, which is critical to renewable energy storage technologies and national defense. Antimony is a metalloid, which means it falls between metals such as zinc and solid nonmetals like sulfur, with some interesting properties that make it a strategic material for the U.S. military. "Antimony is a key ingredient in communication equipment,... Full story

  • Ambri liquid-metal battery antimony calcium alloy anode Perpetua Resources

    Perpetua to supply antimony for batteries

    Shane Lasley, Metal Tech News|Updated Jul 12, 2022

    Idaho-focused mining company Perpetua Resources Corp. and Ambri Inc., a battery technology company born from research at the Massachusetts Institute of Technology, have forged a partnership that will help advance the antimony-based liquid-metal battery technology that can provide the large-scale energy storage needed to decarbonize electrical grids in the United States and around the world. "This agreement is a meaningful step in support of the current administration's goal...

  • Ambri MIT Japan Energy Fund Reliance Industries funding Paulson & Co.

    Ambri funding meets scale of battery tech

    Shane Lasley, Metal Tech News|Updated Jul 12, 2022

    Ambri Inc., which is advancing antimony-based liquid-metal battery technology developed at the Massachusetts Institute of Technology, has secured a $144 million financing to commercialize and grow its daily cycling, long-duration battery technology, and to build a domestic manufacturing facility. This latest round of financing announced by the company on Aug. 9 was led by strategic investors Reliance New Energy Solar Ltd, a wholly-owned subsidiary of Reliance Industries Ltd.,...

  • US critical minerals supply chain Biden administration national security

    More US critical minerals action needed

    Shane Lasley, Metal Tech News|Updated Apr 12, 2022

    While hailing President Joe Biden's use of the Defense Production Act to bolster domestic supplies of battery minerals and materials as a win for rebuilding United States supply chains, the bipartisan group of senators that urged this action say more needs to be done to curb America's heavy dependence on oft adversarial countries for the minerals and metals critical to the nation's security and economic wellbeing. "While I am heartened that President Biden is heeding our... Full story

  • antimony Critical Minerals Alliances stibnite World War II MIT TerraScale

    Antimony may be a renewable energy hero

    Shane Lasley, Data Mine North|Updated Sep 8, 2021

    An unsung war hero that saved countless American troops during World War II, an overlooked battery material that has played a pivotal role in storing electricity for more than 100 years, and a major ingredient in futuristic grid-scale energy storage, antimony is among the most important critical metalloids that most people have never heard of. While antimony may not be part of the common lexicon, humans have been using this semi-metal for more than 5,000 years. "For example,... Full story

Mining technology critical green energy electric vehicle magnet rare earth elements minerals metals