Perpetua Resources Corp. (PPTA:TSX; PPTA:NASDAQ) is one company in Cantor Fitzgerald's coverage universe that could benefit from President Donald Trump's March 20 executive order titled "Immediate Measures to Increase American Mineral Production," reported Metals and Mining Analyst Mike Kozak in a March 21 research note. Perpetua is advancing its Stibnite gold-antimony project in Idaho.
The initiatives called for in the executive order include, but are not limited to, expediting certain permits and approvals, prioritizing mineral production as the primary land use in certain areas and making more project funding available through the Defense Production Act, noted Kozak.
Critical minerals are defined in the executive order as those listed as such by the Secretary of the Interior and the U.S. Geological Survey in 2022 and 2023, along with uranium, copper, gold, potash and "any other element, compound or material as determined by the chair of the National Energy Dominance Council."
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