{
  "event": {
    "id": "evt-us-exim-stibnite-2026",
    "date": "2026-05-21",
    "jurisdiction": "us",
    "issuingBody": "Export-Import Bank of the United States",
    "titleOriginal": "Final approval of EXIM project finance for Perpetua Resources' Stibnite Gold Project",
    "titleOriginalLang": "en",
    "titleEn": "EXIM final approval of project finance for the Stibnite Gold Project",
    "titleEnSource": "na",
    "documentNumber": "AP768324XX",
    "policyStatus": "active",
    "mechanism": [
      "funding",
      "supply_chain_security"
    ],
    "affectedMaterialIds": [
      "antimony"
    ],
    "affectedSectors": [
      "industrial",
      "defense"
    ],
    "summary": "On 21 May 2026 EXIM's board gave final approval to project-finance transaction AP768324XX for Perpetua Resources Idaho Inc.'s gold-and-antimony Stibnite project. EXIM's transaction table lists a financed amount of $2.906 billion and status 'Authorized'. Perpetua's June 2026 Form 10-Q states that the senior secured long-term loan remained subject to definitive documentation and conditions precedent before funds would become available.",
    "analyticalSignificance": "The approval moves Stibnite from smaller grant support into large-scale public project finance, while the tracker keeps board approval separate from loan closing and disbursement.",
    "supersededByEventId": null,
    "sourceIds": [
      "src-exim-stibnite-board-2026",
      "src-exim-stibnite-transactions-2026",
      "src-perpetua-sec-2026-q2",
      "src-exim-mmia"
    ],
    "verificationStatus": "verified",
    "intakeMode": "backfill",
    "lifecycle": {
      "officialPublicationDate": "2026-05-21",
      "discoveredAt": null,
      "verifiedAt": "2026-10-02",
      "publishedAt": null
    }
  },
  "framing": [
    {
      "id": "fc-us-exim-stibnite-2026-resilience",
      "eventId": "evt-us-exim-stibnite-2026",
      "actor": "us",
      "category": [
        "national_security",
        "supply_chain_resilience"
      ],
      "quoteOriginal": "improve the resiliency of our supply chains",
      "quoteEn": "improve the resiliency of our supply chains",
      "quoteEnSource": "na",
      "sourceId": "src-exim-mmia",
      "notes": "Programme-level EXIM framing for the Make More in America Initiative under which the Stibnite loan was approved."
    }
  ],
  "sources": [
    {
      "id": "src-exim-stibnite-board-2026",
      "title": "EXIM Board Meeting Minutes — May 21, 2026",
      "publisher": "Export-Import Bank of the United States",
      "url": "https://www.exim.gov/news/minutes/board-meeting-minutes-2026-05-21",
      "language": "en",
      "datePublished": "2026-05-21",
      "dateAccessed": "2026-10-02",
      "sourceType": "official",
      "confidence": "primary",
      "notes": "Board minutes recording final approval of transaction AP768324XX for Perpetua Resources Idaho Inc.; identifies it as a direct loan for a Gold and Antimony project in Idaho."
    },
    {
      "id": "src-exim-stibnite-transactions-2026",
      "title": "Project and Structured Finance Transactions — Perpetua Resources Corp.",
      "publisher": "Export-Import Bank of the United States",
      "url": "https://www.exim.gov/solutions/project-and-structured-finance/transactions",
      "language": "en",
      "datePublished": null,
      "dateAccessed": "2026-10-02",
      "sourceType": "official",
      "confidence": "primary",
      "notes": "EXIM transaction table, updated 2 July 2026, listing Perpetua Resources Corp. as a 2026 U.S. mining project-finance transaction with a financed amount of US$2.906 billion and status 'Authorized'."
    },
    {
      "id": "src-perpetua-sec-2026-q2",
      "title": "Perpetua Resources Corp., Form 10-Q for the quarter ended June 30, 2026",
      "publisher": "Perpetua Resources Corp. / U.S. Securities and Exchange Commission (EDGAR)",
      "url": "https://www.sec.gov/Archives/edgar/data/1526243/000110465926097134/ppta-20260630x10q.htm",
      "language": "en",
      "datePublished": "2026-08-14",
      "dateAccessed": "2026-10-02",
      "sourceType": "other",
      "confidence": "primary",
      "notes": "Filing date 2026-08-14 independently verified against SEC EDGAR accession 0001104659-26-097134 index; 2026-06-30 is the period-end, not the publication date. Filed disclosure that all $59.2 million available under the DPA TIA had been disbursed and the agreement expired 16 June 2025; also records the OTIA's later additions to a current estimated $27.1 million and ongoing reimbursements. Separately describes the EXIM board-approved $2.9 billion senior secured loan as subject to definitive documentation and conditions precedent."
    },
    {
      "id": "src-exim-mmia",
      "title": "Make More in America Initiative",
      "publisher": "Export-Import Bank of the United States",
      "url": "https://www.exim.gov/about/special-initiatives/make-more-in-america-initiative",
      "language": "en",
      "datePublished": null,
      "dateAccessed": "2026-10-02",
      "sourceType": "official",
      "confidence": "primary",
      "notes": "EXIM programme page describing MMIA as a domestic financing tool for sectors critical to national security and for improving the resiliency and security of U.S. supply chains."
    }
  ]
}