US EXIM board approves a $2.9B loan for the Stibnite gold-antimony project

Perpetua Resources/Stibnite Gold-Antimony Project

The Export-Import Bank of the United States approved a $2.9B senior secured loan to build Stibnite, the country's only identified antimony reserve. The money becomes available once final documents and conditions are met, expected in the second half of 2026.

• $2.4B upfront facility; the rest covers interest during construction and fees.
• 13-year loan at the long-term US Treasury rate plus 1 percentage point.
• Repayment begins in 2030.
• Perpetua plans its final investment decision after the loan closes.