Pela Global secures DFC Antimony funding

Pela Global Limited, an Australian critical and precious metals company, has secured a Project Development funding agreement of up to US$5 million from the United States — United States Agency for International Development. This funding is designated for the Krstov Dol Antimony Mine Restart Project in North Macedonia. The deal marks the United States — United States Agency for International Development's first antimony investment and its first project in North Macedonia, aiming to diversify global Antimony supply away from China and secure a reliable source for the United States and its allies. The investment will support key feasibility milestones for the project. Additionally, Pela Global Limited has collaborated with U.S.-based PGM Processing to explore a commercial offtake arrangement for antimony concentrate and tailings.