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Perpetua Resources Secures Up to $40M In U.S. Army Funding To Advance Domestic Tungsten Supply For American Defense

Oct 26, 2026 · 05:47 PM ET· updated 1h ago

Perpetua Resources Corp. (NASDAQ:PPTA) (TSX:PPTA) ("Perpetua Resources" or "Perpetua" or the "Company") today announced a new 36-month, $40 million award through the U.S. Army's Defense

Why It Matters

Perpetua Resources got $40 million from the U.S. Army to make tungsten, a metal America needs for defense. This shows the government thinks the company can help, which is a good sign for its future business.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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