Perpetua Resources up as it gets nod to seek $1.8 bln US loan for Idaho mine
** Shares of mining company Perpetua Resources PPTA.O climb 6% to $5.31 premarket
** Co receives leter of interest from U.S. Export-Import Bank (EXIM) for a loan of up to $1.8 billion, Reuters reports exclusively
** Co to develop an antimony and gold mine in northern Idaho called Stibnite
** PPTA says loan would have a 15-year repayment term and that it qualifies for "flexibility" on the interest rate, which would be set at closing
** Letter of interest indicates PPTA has cleared initial loan requirements to start the formal application process
** The Stibnite mine would be the only American source of key metal antimony, widely used used as hardening agent for bullets and tanks, and alloys for electric vehicle batteries
** Upto last close, stock up 50% YTD
Reporting by Vallari Srivastava in Bengaluru
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