Investing.com — The Biden administration granted the final mining permit to Perpetua Resources for their antimony and gold mine in Idaho, Reuters reported, citing sources familiar with the matter.

This decision is part of a strategy to reduce China’s almost total market dominance over a metal that is extensively used in the defense and energy sectors.

The U.S. Forest Service published the final record of decision, which is essentially the mine’s permit, after an eight-year review process, the report said.

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