DoD Defense Production Act support for Perpetua's Stibnite antimony project
Summary
DoD announced an initial Defense Production Act Title III award for environmental and engineering work on Perpetua Resources' Stibnite Gold Project. The Technology Investment Agreement was later definitized at $24.8 million and modified in May 2024 by an additional $34.4 million, bringing the total ceiling to $59.2 million. The agreement expired on 16 June 2025; Perpetua's June 2026 Form 10-Q states that all available funds had been disbursed.
Analytical significance
A multi-year federal grant supported permitting and construction readiness for a domestic antimony source before the project reached construction.
Instruments in this event
The separate financial commitments and control clauses this announcement contains, each with its own status history and evidence.
Framing anchors
Official framing, classified only from quoted passages.
restore domestic industrial capabilities essential to the national defense
DoD description of the DPA Investments Program mission in the award release.
Affected materials
Related events
Events touching the same materials.
Sources (5)
DoD Issues $24.8M Critical Minerals Award to Perpetua Resources
Primary sourceU.S. Department of Defense
DoD release announcing the initial Defense Production Act Title III award to Perpetua Resources Idaho, Inc. for environmental and engineering work on the Stibnite Gold Project and identifying antimony trisulfide as the defense-relevant material.
https://www.war.gov/News/Releases/Release/Article/3249350/dod-issues-248m-critical-minerals-award-to-perpetua-resources/
Perpetua Resources Corp., Form 8-K (Defense Production Act Technology Investment Agreement)
Primary sourcePerpetua Resources Corp. / U.S. Securities and Exchange Commission (EDGAR)
Filed disclosure of the Technology Investment Agreement effective 16 December 2022. States that Perpetua Resources Idaho entered into an undefinitized TIA with DoD/Air Force Research Laboratory for up to $24.8 million under DPA Title III.
https://www.sec.gov/Archives/edgar/data/1526243/000110465922128035/tm2232993d1_8k.htm
Perpetua Resources Corp., Form 10-Q for the quarter ended June 30, 2024
Primary sourcePerpetua Resources Corp. / U.S. Securities and Exchange Commission (EDGAR)
Filed disclosure that the DPA TIA was definitized at $24.8 million on 25 July 2023 and modified on 2 May 2024 with an additional $34.4 million, bringing the total to $59.2 million. Also reports reimbursements under the agreement.
https://www.sec.gov/Archives/edgar/data/1526243/000110465924087827/ppta-20240630x10q.htm
Perpetua Resources Corp., Form 10-Q for the quarter ended June 30, 2026
Primary sourcePerpetua Resources Corp. / U.S. Securities and Exchange Commission (EDGAR)
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.
https://www.sec.gov/Archives/edgar/data/1526243/000110465926097134/ppta-20260630x10q.htm
Perpetua Resources Advances Construction of the Stibnite Gold Project
Primary sourcePerpetua Resources Corp.
Company project update stating that additional critical-path construction began 30 May 2026 and built on early-works construction that began in October 2025.
https://www.investors.perpetuaresources.com/investors/news/perpetua-resources-advances-construction-of-the-stibnite-gold-project
Citation
Cite this record
This cites the record — the project's coding of the instrument. For a claim about what a government actually did, cite the primary document itself; the sources above carry the canonical URLs.
Strategic Materials Policy Tracker. "DoD Defense Production Act support for Perpetua's Stibnite antimony project." Record evt-us-dod-perpetua-dpa-2022, 2022-12-19. https://strategic-materials-policy-tracker.vercel.app/events/evt-us-dod-perpetua-dpa-2022
