JPMorgan Backs Perpetua Mining with $75 Million Strategic Investment

JPMorgan Chase invested $75 million in Perpetua Corp, marking a significant expansion into critical mineral assets across the U.S. The funding will advance the Stibnite Gold Project, expected to add 4.8 million ounces to national reserves and strengthen domestic antimony supply chains. Perpetua’s stock rose 5.3% in post-market trading following the announcement. The partnership is viewed as part of a broader U.S. initiative to reduce dependence on foreign mineral sourcing. Analysts expect this deal to stimulate similar bank-backed capital allocations toward strategic-metal infrastructure.