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U.S. to take 10% stake in Trilogy Metals to unlock Alaska mining
By Ari Natter and James Attwood
Bloomberg News
via Yahoo News, Sunnyvale, California
Monday, October 6, 2025
The United States said it will take a 10% stake in Canadian minerals explorer Trilogy Metals Inc. as part of a $35.6 million investment to secure critical energy and mining projects in Alaska.
In an announcement today, President Donald Trump said the White House is reversing a Biden-era decision to reject Ambler Road, a project to help access vast critical mineral deposits in Alaska's Northern Brooks Range to open up critical energy and mining projects. The 211-mile (340-kilometer) highway would connect a remote mining district with deposits of copper, cobalt, gallium, germanium, and other minerals.
... Dispatch continues below ...
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"This was something that should have been long operating and making billions of dollars for our country and supplying a lot of energy and minerals and everything else," Trump said during an event in the Oval Office. ...
... For the remainder of the dispatch:
https://finance.yahoo.com/news/trump-approves-road-project-alaska-205337309.html
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