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Perpetua Announces Antimony Supply Agreement for Ambri Battery Production
Perpetua Announces Antimony Supply Agreement for Ambri Battery Production Canad...
About this update from Perpetua Resources Corp.
[{"type":"text","content":"\n \n \n \n Perpetua Announces Antimony Supply Agreement for Ambri Battery Production\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n Perpetua's Antimony Will Power Ambri's Low-Cost Battery for Long-Duration, Daily Cycling Energy Storage\n \n \n \n \n Committed Amount Sufficient to Generate Over 13 Gigawatt Hours of Storage, Equivalent to Over 8x the Size of the Entire US Energy Storage Market in 2020\n \n \n \n \n Solidifies Perpetua's Standing as a Leading ESG-Focused Mining Company Enabling the Green Energy Transition & Restoring the Environment\n \n \n \n \n BOISE, ID\n \n ,\n \n Aug. 9, 2021\n \n /CNW/ -\n \n Perpetua Resources Corp.\n \n (Nasdaq: PPTA) / (TSX: PPTA) (\"Perpetua Resources\" or the \"Company\") has entered into an agreement (the \"Agreement\") to supply a portion of antimony production from the Stibnite Gold Project to Ambri Inc. (\"Ambri\"), establishing the foundation to help facilitate the decarbonization of energy grids in the U.S. and around the world.  Perpetua's Stibnite Gold Project, located in central\n \n Idaho\n \n , will provide Ambri with antimony from the only responsible and domestically mined source of the critical mineral in the U.S.\n \n \n Ambri, a U.S. company, has developed an antimony-based, low-cost liquid metal battery for the stationary, long-duration, daily cycling energy storage market.  Ambri batteries combine technological innovation with commercial applications for low-cost, long lifespan and safe energy storage systems that will increase the overall contribution from renewable sources to help enable the transition to green, carbon-free power grids.\n \n \n \"This agreement is a meaningful step in support of the current administration's goal of achieving 100% clean electricity in the U.S., while prioritizing the domestic manufacturing of battery technology,\" said\n \n Laurel Sayer\n \n , CEO of Perpetua Resources. \"Perpetua continues to show how a modern mining company can not only be an essential part of the clea...