The Pentagon has made its first critical minerals award leveraging Ukraine supplemental appropriations aid, the Defense Department announced today , pledging nearly $25 million to help create a domestic source for a compound that’s key in munitions manufacturing. The up-to-$24.8 million award to mining company Perpetua Resources comes through the Defense Production Act Investments Program and seeks to advance the business’ current permitting work that will pave the way for construction on its so-called Stibnite gold project based in Idaho...
