US$2.9B EXIM Loan Spurs U.S. Antimony Supply, Pressures United States Antimony Corp
USAS•U.S. classifies antimony as a strategic mineral and provides a US$2.9 billion EXIM loan to Perpetua Resources’ Stibnite project to rebuild domestic supply. NevGold plans antimony output at Limousine Butte within 12–18 months, intensifying competition for United States Antimony Corp.
1. U.S. Antimony Supply Surge
The U.S. government classified antimony as a critical mineral and extended an approximate US$2.9 billion Export-Import Bank loan to Perpetua Resources’ dual gold-antimony Stibnite project in Idaho, signaling a major push to reestablish domestic supply chains.
2. NevGold's Limousine Butte Project
NevGold’s Limousine Butte project in eastern Nevada targets near-surface, oxide-hosted antimony production within 12–18 months using existing heap-leach infrastructure, supported by high-grade intercepts (1.93 g/t AuEq over 100.6 m) and sequential recovery testwork showing over 93% gold recovery post-antimony leach.
3. Implications for United States Antimony Corp.
United States Antimony Corp. faces increased competitive pressure as multiple junior developers advance near-term antimony projects, potentially diluting its market share in a sector now driven by strategic national-security demand and substantial government backing.
