This post was originally published on this site.IperionX (NASDAQ: IPX, ASX: IPX) announced Monday that the U.S. Army has awarded it a Small Business Innovation Research (SBIR) contract for low-cost, domestic titanium for defense applications.  Considered a critical mineral by the US, EU and Canada because it is essential for defense, aerospace, medical, and industrial technologies, titanium has a unique strength-to-weight ratio and corrosion resistance with few substitutes.  Titanium is used in two distinctly different forms: as titanium dioxide (TiO2) for pigments and as titanium metal alloyed for aerospace applications.   The company’s second SBIR contract enables qualifying US Government agencies to place project-specific orders collectively capped at $99 million. Task Orders 1 and 2 have an...

This post was originally published on this site.Perpetua Resources (TSX, Nasdaq: PPTA) is pressing ahead with early construction at its Stibnite gold-antimony project in Idaho after a U.S. federal court upheld key approvals against an environmental challenge. The Aug. 18 ruling dismissed challenges under several federal laws and upheld findings that the $1.3-billion (C$1.8-billion) Stibnite project would not jeopardize protected species. An appeal is pending, but construction can continue, National Bank of Canada said in a note on Monday. “We view the merits ruling as a more substantive de-risking event than the May 29 denial of the preliminary injunction and...