Perpetua Resources Corp (NASDAQ:PPTA) experienced a significant stock surge of 13.77% in after-hours trading, reaching $30.40, following the approval of a $2.9 billion loan by the Export-Import Bank of the United States. This funding is part of the Make More in America Initiative, which aims to bolster domestic manufacturing and mineral security. The loan will support the development of the Stibnite Gold Project in Idaho, which is set to become the only domestic source of antimony, a critical mineral for various industries. Jon Cherry, the president and CEO of Perpetua Resources, highlighted that this milestone not only strengthens America’s national security but also promises to create hundreds of jobs in rural Idaho. The loan is structured as a 13-year senior secured credit facility and is expected to be accessible once definitive documentation is completed in the second half of 2026. Perpetua anticipates that this funding, combined with its existing cash reserves, will fully finance the construction of the project, reducing reliance on foreign sources for essential minerals.