Standard Lithium (SLI), Perpetua (PPTA), and other mining stocks advanced in premarket activity Monday after the Trump administration announced new plans to fast-track approval processes for at least 10 mining projects in the US.

The administration said Friday it has launched a federal permitting dashboard to improve interagency cooperation in facilitating the approval of mining projects.

The revamp of the regulatory process was in response to Trump's "directive to take immediate action to facilitate domestic production" of minerals, the White House said.

Standard Lithium shares were up more than 7% pre-bell while Perpetua advanced around 6%. Hecla Mining (HL) shares were up around 4%, but RIO Tinto (RIO) was slightly lower.

Perpetua's Idaho gold project, Hecla's Montana silver and copper projects, and Warrior Met Coal's Alabama mining project are among those initially listed for consideration using the dashboard.