Reuters: Perpetua Resources in talks with Glencore, others for US antimony processing
Perpetua Resources in talks with Glencore, others for US antimony processing
By Ernest Scheyder
Reuters -Perpetua Resources said on Thursday it is in talks with Glencore, Trafigura (TRAFGF.UL) and others about a partnership to refine antimony in the U.S., part of a push to boost Western supplies of a critical mineral whose exports China has blocked.
The company, which counts billionaire John Paulson as its largest shareholder, last week received permission from the U.S. government to begin construction of its antimony and gold mine about 138 miles (222 km) north of Boise in Idaho.
The mine will be the largest U.S. supplier of antimony, which is used to make bullets, solar panels and other goods. There are no current U.S. sources of the metal.
