{
  "commitment": {
    "id": "fin-us-exim-perpetua-stibnite-2026",
    "eventId": "evt-us-exim-stibnite-2026",
    "relationships": [],
    "instrument": "loan",
    "valueRole": "commitment",
    "capitalSource": "public",
    "amount": {
      "value": "2906000000",
      "currency": "USD",
      "qualifier": "exact",
      "amountAsStated": "2,906 [US$ millions]",
      "currencyBasis": "stated"
    },
    "provider": "Export-Import Bank of the United States",
    "providerJurisdiction": "us",
    "providerOrgIds": [
      "org-us-exim"
    ],
    "legalAuthority": "Make More in America Initiative",
    "programmeId": null,
    "recipient": "Perpetua Resources Idaho, Inc.",
    "recipientOrgIds": [
      "org-perpetua-resources-idaho"
    ],
    "project": "Stibnite Gold Project",
    "projectId": "prj-us-stibnite",
    "facility": null,
    "locations": [
      {
        "countryCode": "US",
        "subnational": "Idaho",
        "asStated": "Idaho"
      }
    ],
    "stages": [
      "mining",
      "processing"
    ],
    "stageAllocation": "multi_stage_unallocated",
    "materialIds": [
      "antimony"
    ],
    "materialAttribution": "includes_untracked",
    "untrackedMaterialsAsStated": [
      "gold"
    ],
    "financialStatusHistory": [
      {
        "status": "decided",
        "date": "2026-05-21",
        "sourceId": "src-exim-stibnite-board-2026",
        "note": "EXIM's board gave final approval. The bank's transaction table labels the transaction 'Authorized'; SMPT maps this to decided because definitive loan documentation had not yet been executed."
      }
    ],
    "implementationStatusHistory": [
      {
        "status": "construction",
        "date": null,
        "sourceId": "src-perpetua-stibnite-construction-2026",
        "note": "Early works were underway before EXIM's final approval and additional critical-path construction began in May 2026."
      }
    ],
    "terms": [],
    "outcomes": [],
    "evidence": [
      {
        "sourceId": "src-exim-stibnite-transactions-2026",
        "supports": [
          "instrument",
          "value_role",
          "capital_source",
          "amount",
          "provider",
          "recipient",
          "project",
          "location",
          "materials",
          "status"
        ],
        "evidence": "explicit",
        "locator": "2026 Perpetua Resources Corp. transaction row",
        "note": "The table lists US$2.906B, U.S. mining sector, and status Authorized."
      },
      {
        "sourceId": "src-exim-stibnite-board-2026",
        "supports": [
          "instrument",
          "provider",
          "recipient",
          "project",
          "materials",
          "status"
        ],
        "evidence": "explicit",
        "locator": "Transaction AP768324XX",
        "note": "The minutes identify a direct loan for Gold and Antimony and record final approval."
      },
      {
        "sourceId": "src-perpetua-sec-2026-q2",
        "supports": [
          "status",
          "legal_authority"
        ],
        "evidence": "explicit",
        "locator": "Project Financing from U.S. EXIM",
        "note": "The filing states that the board-approved loan remained subject to definitive documentation and conditions precedent and identifies the Make More in America Initiative."
      },
      {
        "sourceId": "src-perpetua-sec-2026-q2",
        "supports": [
          "stages"
        ],
        "evidence": "ambiguous",
        "locator": "Project financing and development discussion",
        "note": "The loan finances the Stibnite development, which includes mine development and a processing plant; no amount is allocated by stage."
      },
      {
        "sourceId": "src-perpetua-stibnite-construction-2026",
        "supports": [
          "status"
        ],
        "evidence": "explicit",
        "locator": "Construction update",
        "note": null
      },
      {
        "sourceId": "src-exim-stibnite-board-2026",
        "supports": [
          "provider"
        ],
        "evidence": "explicit",
        "locator": "Structured & Project Finance Division, Board transaction AP768324XX; U.S. Export-Import Bank direct loan",
        "note": "The bank is provider/authorizing lender, not an outside guarantor. Board approval is not evidence of execution or disbursement."
      }
    ],
    "notes": "EXIM's official transaction table uses 'Authorized', but the commitment remains non-binding in SMPT's lifecycle until definitive loan documents are executed. The June 2026 filing states that availability depends on completion of definitive documentation and satisfaction of conditions precedent. EXIM's May 21, 2026 board record names Perpetua Resources Idaho Inc. as prospective borrower/PSOR and the Canadian-incorporated Perpetua Resources Corp. as proposed guarantor; this classification does not imply execution of a loan or guarantee."
  },
  "event": {
    "id": "evt-us-exim-stibnite-2026",
    "date": "2026-05-21",
    "jurisdiction": "us",
    "titleEn": "EXIM final approval of project finance for the Stibnite Gold Project"
  },
  "parents": [],
  "children": [],
  "sources": [
    {
      "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-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-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-perpetua-stibnite-construction-2026",
      "title": "Perpetua Resources Advances Construction of the Stibnite Gold Project",
      "publisher": "Perpetua Resources Corp.",
      "url": "https://www.investors.perpetuaresources.com/investors/news/perpetua-resources-advances-construction-of-the-stibnite-gold-project",
      "language": "en",
      "datePublished": "2026-06-01",
      "dateAccessed": "2026-10-02",
      "sourceType": "other",
      "confidence": "primary",
      "notes": "Company project update stating that additional critical-path construction began 30 May 2026 and built on early-works construction that began in October 2025."
    }
  ]
}