US Invests in Trilogy Metals to Enhance Alaska Mining Opportunities

Reported 2 days ago

The US government announced a $35.6 million investment for a 10% stake in Canadian mining company Trilogy Metals, aimed at facilitating critical energy and mining projects in Alaska. President Trump stated this investment reverses previous blocks on the Ambler Road project, a vital route for accessing crucial mineral deposits in the Northern Brooks Range. The plan seeks to reduce dependence on foreign minerals, particularly from China, while ensuring environmental considerations are addressed.

Source: YAHOO

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