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@ipso facto re Domestic Versus Imported, Perpetua Resources Receives Critical Minerals Award of up to $24.8 million under the Defense Production Act

Posted by Mr.Copper @ 12:13 on January 20, 2023  

It used to be Midas .Here’s a story about reversal or change. Maybe you posted a link I don’t know. USA was using foreign metals but supply chain problems, and a “learning experiences” are promoting domestic production. I think we already started taking the Chips away from China. I only scan for trends, to help predict the future. Personally I believe in freedom. But unfortunately some people have the freedom to screw their own country. Like buying an imported car for example.

Part:

The Defense Production Act (the “DPA”) is intended to ensure that America has the resources, materials and technologies needed for national security. The DPA Title III program is dedicated to ensuring the timely availability of essential domestic industrial resources to support national defense and homeland security requirements now and in the future.

The funding objective of the Technology Investment Agreement, issued by the Air Force Research Laboratory, is to complete environmental and engineering studies necessary to obtain a Final Environmental Impact Statement, a Final Record of Decision, and other ancillary permits to sustain the domestic production of antimony trisulfide capability for defense energetic materials.

Antimony trisulfide is essential to national defense as a key component for munitions yet there is no U.S. mined supply. Perpetua plans to re-establish a domestic supply of the critical mineral antimony as a by-product of one of the highest-grade open pit gold resources in the United States. The DPA funding allows the Company to advance the construction readiness of the Stibnite Gold Project while the Company continues through the ongoing permitting process, led by the United States Forest Service (“USFS”).

https://finance.yahoo.com/news/perpetua-resources-receives-critical-minerals-120000236.html

https://finviz.com/quote.ashx?t=PPTA&ty=c&ta=1&p=w

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.