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Routine Notice Added Final

Final Commitment Application for $100M+ Loan for Critical Mineral Development in Idaho

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Summary

The Export-Import Bank of the United States (EXIM) has received an application for a final commitment loan or financial guarantee exceeding $100 million. The transaction would finance redevelopment of gold-antimony-silver-tungsten critical mineral deposits in central Idaho under EXIM's Make More in America initiative. Obligor is Perpetua Resources Idaho Inc. with Perpetua Resources Corp. as guarantor.

Published by EXIM on regulations.gov . Detected, standardized, and enriched by GovPing. Review our methodology and editorial standards .

What changed

EXIM Bank published a notice of receipt of a final commitment loan application exceeding $100 million for critical mineral development. The project in the Stibnite-Yellow Pine district of central Idaho would extract gold doré and antimony concentrate for export to overseas processing facilities, supporting domestic supply chains for materials essential to defense systems, semiconductors, and lead-acid batteries.

Affected parties including mining companies, manufacturers of battery components, and investors in critical mineral supply chains may wish to monitor this transaction. The public has an opportunity to submit comments before the EXIM Board of Directors takes final action on the transaction.

What to do next

  1. Submit public comments through Regulations.gov by April 24, 2026

Archived snapshot

Apr 15, 2026

GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.

Content

ACTION:

Notice.

SUMMARY:

This Notice is to inform the public that the Export-Import Bank of the United States (“EXIM”) has received an application
for final commitment for a long-term loan or financial guarantee in excess of $100 million. Consistent with EXIM's mandate
to strengthen U.S. economic competitiveness and national security, the proposed transaction supports the development of critical
mineral resources essential to resilient domestic supply chains and advanced manufacturing. Comments received within the comment
period specified below will be presented to the EXIM Board of Directors prior to final action on this Transaction.

DATES:

Comments must be received on or before April 24, 2026 to be assured of consideration before final consideration of the transaction
by the Board of Directors of EXIM.

ADDRESSES:

Comments may be submitted through Regulations.gov at www.regulations.gov. To submit a comment, enter EIB-2026-004 under the heading “Enter Keyword or ID” and select Search. Follow the instructions
provided at the Submit a Comment screen. Please include your name, company name (if any) and EIB-2026-004 on any attached
document.

SUPPLEMENTARY INFORMATION:

Reference: AP768324XX.

Purpose and Use: Brief description of the purpose of the transaction: To finance the redevelopment of gold-antimony-silver-tungsten critical
mineral deposits in the Stibnite-Yellow Pine district of central Idaho under EXIM's Make More in America initiative.

This project advances U.S. leadership in critical minerals by expanding domestic resource development for materials that are
foundational to defense systems, energy technologies, and advanced manufacturing.

The transaction is expected to enhance supply chain resilience, reduce reliance on foreign sources for strategic minerals—particularly
antimony—and support high-quality U.S. jobs.

Brief non-proprietary description of the anticipated use of the items being exported: The financing will be used for domestic
purposes and will result in the export of gold doré bars and antimony concentrate to overseas processing facilities. These
materials will be refined into gold bullion and processed into antimony metal and derivative products that serve as essential
inputs for U.S. industrial and national security applications. Applications for antimony include semiconductors and lead-acid
batteries. As domestic antimony processing becomes available, concentrate will be treated domestically.

Parties:

Principal Supplier: Various U.S. Entities.

Obligor: Perpetua Resources Idaho Inc.

Guarantor(s): Perpetua Resources Corp.

Description of Items Being Exported: The items being exported will be gold doré and antimony concentrate.

Information on Decision: Information on the final decision for this transaction will be available in the “Summary Minutes of Meetings of Board of Directors”
on https://www.exim.gov/news/meeting-minutes.

Confidential Information: Please note that this notice does not include confidential or proprietary business information; information which, if disclosed,
would violate the Trade Secrets Act; or information which would jeopardize jobs in the United

  States by supplying information that competitors could use to compete with companies in the United States.

(Authority: Section 3(c)(10) of the Export-Import Bank Act of 1945, as amended (12 U.S.C. 635a(c)(10)).)

Deidre Hodge, Assistant Corporate Secretary. [FR Doc. 2026-06117 Filed 3-27-26; 8:45 am] BILLING CODE 6690-01-P

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What's from the agency?

Source document text, dates, docket IDs, and authority are extracted directly from EXIM.

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Last updated

Classification

Agency
EXIM
Published
March 27th, 2026
Comment period closes
April 24th, 2026 (7 days)
Instrument
Notice
Legal weight
Non-binding
Stage
Final
Change scope
Minor
Document ID
FR Doc. 2026-06117
Docket
EIB-2026-0068-0001

Who this affects

Applies to
Importers and exporters Manufacturers Investors
Industry sector
2120 Mining
Activity scope
Critical mineral extraction Export financing Mining development
Threshold
Loan or financial guarantee in excess of $100 million
Geographic scope
United States US

Taxonomy

Primary area
International Trade
Operational domain
Finance
Topics
Defense & National Security Energy Government Contracting

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