The post Pentagon Hails Restart Of Critical Minerals Mine In Idaho appeared on BitcoinEthereumNews.com. Major General John T. Reim (holding scissors) prepares to cut the ribbon at the reopening ceremony for the Stibnite mine in Central Idaho on Friday, September 19, 2025. Idaho Governor Brad Little and Deputy Undersecretary Kristin Sleeper of the Department of Agriculture (wearing orange vests) joined Reim and officials at Perpetua Resources for the ceremony. Perpetua Resources Saying it puts the Pentagon “one step closer to establishing a complete domestic supply chain,” Maj. Gen. John T. Reim, Joint Program Executive Officer Armaments & Ammunition and Picatinny Arsenal Commanding General hailed the reopening of the Stibnite Mine operated by Perpetua Resources in Idaho on Friday, September 19. Maj. Gen. Reim spoke to an audience of local, state, and company officials who had gathered for a ribbon cutting ceremony at the mine’s site in Central Idaho. “After 8 years of extensive permitting review and over $400 million invested, it is finally time for the Stibnite Gold Project to deliver for America,” said Jon Cherry, President & CEO of Perpetua Resources. “A united vision to produce critical resources urgently needed for national security and to restore an abandoned site, along with the feedback from our communities, have guided us to this monumental milestone.” Antimony’s Crucial Role In The Pentagon’s Weapons Systems Though it is known to contain sizable quantities of an array of minerals, including gold and silver, the Stibnite mine’s known reserves of the critical mineral antimony is the main prize the Pentagon hopes to secure from its operations. In documents filed during its years-long permitting process with the U.S. Forest Service, Perpetua estimates the mine’s ore contains as much 4.8 million ounces of gold, 6.4 million ounces of silver, and 149 million pounds of antimony. The overall mining site covers 3,200 acres of land including 3 pit mining sites. Crucially, Perpetua… The post Pentagon Hails Restart Of Critical Minerals Mine In Idaho appeared on BitcoinEthereumNews.com. Major General John T. Reim (holding scissors) prepares to cut the ribbon at the reopening ceremony for the Stibnite mine in Central Idaho on Friday, September 19, 2025. Idaho Governor Brad Little and Deputy Undersecretary Kristin Sleeper of the Department of Agriculture (wearing orange vests) joined Reim and officials at Perpetua Resources for the ceremony. Perpetua Resources Saying it puts the Pentagon “one step closer to establishing a complete domestic supply chain,” Maj. Gen. John T. Reim, Joint Program Executive Officer Armaments & Ammunition and Picatinny Arsenal Commanding General hailed the reopening of the Stibnite Mine operated by Perpetua Resources in Idaho on Friday, September 19. Maj. Gen. Reim spoke to an audience of local, state, and company officials who had gathered for a ribbon cutting ceremony at the mine’s site in Central Idaho. “After 8 years of extensive permitting review and over $400 million invested, it is finally time for the Stibnite Gold Project to deliver for America,” said Jon Cherry, President & CEO of Perpetua Resources. “A united vision to produce critical resources urgently needed for national security and to restore an abandoned site, along with the feedback from our communities, have guided us to this monumental milestone.” Antimony’s Crucial Role In The Pentagon’s Weapons Systems Though it is known to contain sizable quantities of an array of minerals, including gold and silver, the Stibnite mine’s known reserves of the critical mineral antimony is the main prize the Pentagon hopes to secure from its operations. In documents filed during its years-long permitting process with the U.S. Forest Service, Perpetua estimates the mine’s ore contains as much 4.8 million ounces of gold, 6.4 million ounces of silver, and 149 million pounds of antimony. The overall mining site covers 3,200 acres of land including 3 pit mining sites. Crucially, Perpetua…

Pentagon Hails Restart Of Critical Minerals Mine In Idaho

Major General John T. Reim (holding scissors) prepares to cut the ribbon at the reopening ceremony for the Stibnite mine in Central Idaho on Friday, September 19, 2025. Idaho Governor Brad Little and Deputy Undersecretary Kristin Sleeper of the Department of Agriculture (wearing orange vests) joined Reim and officials at Perpetua Resources for the ceremony.

Perpetua Resources

Saying it puts the Pentagon “one step closer to establishing a complete domestic supply chain,” Maj. Gen. John T. Reim, Joint Program Executive Officer Armaments & Ammunition and Picatinny Arsenal Commanding General hailed the reopening of the Stibnite Mine operated by Perpetua Resources in Idaho on Friday, September 19. Maj. Gen. Reim spoke to an audience of local, state, and company officials who had gathered for a ribbon cutting ceremony at the mine’s site in Central Idaho.

“After 8 years of extensive permitting review and over $400 million invested, it is finally time for the Stibnite Gold Project to deliver for America,” said Jon Cherry, President & CEO of Perpetua Resources. “A united vision to produce critical resources urgently needed for national security and to restore an abandoned site, along with the feedback from our communities, have guided us to this monumental milestone.”

Antimony’s Crucial Role In The Pentagon’s Weapons Systems

Though it is known to contain sizable quantities of an array of minerals, including gold and silver, the Stibnite mine’s known reserves of the critical mineral antimony is the main prize the Pentagon hopes to secure from its operations. In documents filed during its years-long permitting process with the U.S. Forest Service, Perpetua estimates the mine’s ore contains as much 4.8 million ounces of gold, 6.4 million ounces of silver, and 149 million pounds of antimony. The overall mining site covers 3,200 acres of land including 3 pit mining sites. Crucially, Perpetua estimates the Stibnite mine could enhance U.S. energy security and national security by providing up to 35% of U.S antimony needs in the coming decades.

Mining operations targeting gold and silver commenced at the Stibnite site in 1927. The miners quickly discovered the mine also contained a huge cache of antimony, a critical mineral which is a component in a vast array of high tech, energy, and U.S. military applications. For the Pentagon’s needs, those applications include things like armor piercing bullets, night vision goggles, infrared sensors, precision optics, laser sighting, explosive formulations, hardened lead for bullets and shrapnel, ammunition primers, tracer ammunition, nuclear weapons and production, tritium production, flares, military clothing, and communication equipment.

The antimony resource at Stibnite is so massive that the single mining operation provided about 90% of the U.S. military’s needs throughout World War II. But the mine went dormant in the 1990s after the United States government made the decision to make the permitting and operation of domestic mining operations more difficult, choosing to rely on imports of most of the country’s critical mineral needs via international supply chains which today are mostly controlled by China.

Rising tensions between the U.S. and China have made it obvious in recent years that this situation, in which the U.S. War Department must rely on an adversary nation for its mineral needs, is increasingly unsustainable. President Joe Biden gave a nod to this reality in June 2021, when he committed his government to mounting what he called a “whole-of-government” effort to onshore the supply chains for these critical minerals. But progress towards that goal was hard to discern, and the lengthy permitting process for the Stibnite mine’s reopening lingered on.

The unsustainable nature of the problem came to a head last summer when China introduced heavy export restrictions on critical and rare earth minerals. The situation rose to crisis levels when the Xi Jinping government fully halted such exports in April of this year. China resumed the exports two months later after it had agreed to the framework for a comprehensive trade and tariff deal with the Donald Trump White House, but the pressing need to reshore these supply chains for the Pentagon’s needs remains.

Meeting The Pentagon’s Munitions Strategy For The Future

Maj. Gen. Reim sees the permitting stalemate now reversing with Friday’s ribbon-cutting. “The Stibnite project currently holds the largest identified reserve of antimony in the U.S. It is one of the largest antimony reserves outside of foreign control,” he told the gathering. “This mine offers a secure, reliable, domestic resource for military grade antimony sulfide and is aligned with the Army’s ongoing ‘Ground-to-Round’ assured munitions strategy for establishing a complete domestic supply chain, from raw material access to material processing to ammunition production, as we modernize and fortify the Arsenal of Democracy.”

Once the required posting of its joint financial assurance bond is completed in the coming weeks, Perpetua said in a statement that it anticipates restarting the mine’s operations this fall, thus setting in place another link in a long chain towards enhancing America’s energy security and meeting the Pentagon’s critical minerals needs.

Source: https://www.forbes.com/sites/davidblackmon/2025/09/21/pentagon-hails-restart-of-critical-minerals-mine-in-idaho/

Market Opportunity
Threshold Logo
Threshold Price(T)
$0.007127
$0.007127$0.007127
+4.04%
USD
Threshold (T) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

A whale that made a 141% profit on PUMP three days ago bought 321 million TRUMPs today, with a floating profit of $223,000.

A whale that made a 141% profit on PUMP three days ago bought 321 million TRUMPs today, with a floating profit of $223,000.

PANews reported on September 18th that according to Lookonchain monitoring, whale H56YMH sold 317 million PUMPs (worth approximately $2.53 million) at an average price of $0.008 three days ago, realizing a net profit of $1.48 million (a 141% return). Subsequently, eight hours ago, it purchased 321 million TRUMPs at an average price of $0.007835, resulting in unrealized profits of $223,000.
Share
PANews2025/09/18 10:36
Tokenized Assets Shift From Wrappers to Building Blocks in DeFi

Tokenized Assets Shift From Wrappers to Building Blocks in DeFi

The post Tokenized Assets Shift From Wrappers to Building Blocks in DeFi appeared on BitcoinEthereumNews.com. RWAs are rapidly moving on-chain, unlocking new opportunities for investors and DeFi protocols, according to a new report from Dune and RWAxyz. Tokenized real-world assets (RWAs) are moving beyond digital versions of traditional securities to become key building blocks of decentralized finance (DeFi), according to the 2025 RWA Report from Dune and RWAxyz. The report notes that Treasuries, bonds, credit, and equities are now being used in DeFi as collateral, trading instruments, and yield products. This marks tokenization’s “real breakthrough” – composability, or the ability to combine and reuse assets across different protocols. Projects are already showing how this works in practice. Asset manager Maple Finance’s syrupUSDC, for example, has grown to $2.5 billion, with more than 30% placed in DeFi apps like Spark ($570 million). Centrifuge’s new deJAAA token, a wrapper for Janus Henderson’s AAA CLO fund, is already trading on Aerodrome, Coinbase and other exchanges, with Stellar planned next. Meanwhile, Aave’s Horizon RWA Market now lets institutional users post tokenized Treasuries and CLOs as collateral. This trend underscores a bigger shift: RWAs are no longer just copies of traditional assets; instead, they are becoming core parts of on-chain finance, powering lending, liquidity, and yield, and helping to close the gap between traditional finance (TradFi) and DeFi. “RWAs have crossed the chasm from experimentation to execution,” Sid Powell, CEO of Maple Finance, says in the report. “Our growth to $3.5B AUM reflects a broader shift: traditional financial services are adopting crypto assets while institutions seek exposure to on-chain markets.” Investor demand for higher returns and more diversified options is mainly driving this growth. Tokenized Treasuries proved there is strong demand, with $7.3 billion issued by September 2025 – up 85% year-to-date. The growth was led by BlackRock, WisdomTree, Ondo, and Centrifuge’s JTRSY (Janus Henderson Anemoy Treasury Fund). Spark’s $1…
Share
BitcoinEthereumNews2025/09/18 06:10
Trader Leaves Crypto Permanently After Losing $10,000 to LIBRA

Trader Leaves Crypto Permanently After Losing $10,000 to LIBRA

One year has passed since Argentine President Javier Milei backed a project that drove hundreds of thousands of people worldwide to invest in Libra, a meme coin
Share
Coinstats2026/02/20 06:56