Trump approves Alaska mining road to boost copper, zinc production
The federal government invests $35.6 million to support mining exploration and secures a 10% stake in Trilogy Metals to boost U.S. critical mineral supply chains.
- On Monday, Oct. 6, 2025, President Donald Trump signed an executive order approving the Ambler Road project, a 211-mile access road reversing a Biden-era rejection in Alaska.
- Former President Joe Biden had blocked the project citing threats to caribou and Alaska Native subsistence, while Alaska's congressional delegation said the road unlocks copper deposits worth more than $7 billion.
- The decision directs the BLM, NPS, and U.S. Army Corps to reissue permits for a gravel toll road with two bridges, about 26 miles through Gates of the Arctic, by Spring 2026.
- The White House announced it will invest $35.6 million for a 10% federal stake in Trilogy Metals, Inc., including warrants to purchase an additional 7.5%, while U.S. shares soared more than 150%.
- The move fits a recent pattern of government equity investments, including last week's interest in Lithium Americas Corp. and a $400 million DOD investment in MP Materials Corp., to counter China's dominance.
96 Articles
96 Articles
U.S. government to take 10% stake in Canadian mining company Trilogy Metals
Vancouver-based Trilogy Metals Inc. says the U.S. government will take a 10-per-cent stake in the mineral exploration company, which has mining interests in Alaska that Washington wants to see developed.
Trump green lights Alaska’s Ambler Road as fed. govt. acquires 10% stake in key mining operation
President Trump signed an executive order on Oct. 6 to utilize Alaska resources to construct the 200-mile Ambler Road deep into northwestern Alaska. On the same day, the Interior Secretary announced the U.S. will acquire a 10% stake in Trilogy Metals, a mining company that possesses claims in the area.
Trump Greenlights Road Allowing Access to Key Minerals in Alaska
President Donald Trump took action Monday to reverse a Biden-era decision on Ambler Road, which would provide access to the Ambler Mining District in northern Alaska, an area rich in copper and other key minerals, including gold and silver. The post Trump Greenlights Road Allowing Access to Key Minerals in Alaska’s Ambler Mining District appeared first on Breitbart.
Trump approves Ambler mining road to boost Alaska copper, zinc production
The long-debated Ambler Road project was approved in the first Trump administration but was later blocked by the Biden administration after an analysis determined the project would threaten caribou and other wildlife.
Coverage Details
Bias Distribution
- 60% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium