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Trump Orders Approval of Alaska Mining Road
- On October 6, 2025, Trilogy Metals revealed it had reached an agreement for a $35.6 million investment from the U.S. government, granting the government a 10% ownership stake in the company.
- This investment followed an executive order signed the same day by President Donald Trump, which reversed a 2024 cancellation and authorized construction of the Ambler Access Road to the Alaska mining district.
- The 211-mile road aims to provide access to the Ambler district's deposits, which include copper and other strategic minerals considered vital for U.S. supply chains.
- Trilogy Metals' stock price jumped 127.27% after hours to $4.75, as CEO Tony Giardini highlighted the partnership as a major step forward in boosting U.S. access to essential minerals from domestic sources.
- Despite federal support, the road and mining project continue to face strong opposition from local tribes and environmental groups, who warn about harm to caribou, fish, and subsistence communities.
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Trump Unleashes Alaska's 'Mineral Goldmine' In Major Reversal From Biden Policies
President Donald Trump has revived a major Alaska infrastructure project with an executive order approving the Ambler Road, a 211-mile industrial route that will open access to one of America’s richest mineral regions. Trump signed the order at the White House on Friday, calling the move “a big win for Alaska and a big win for America.” The road, which cuts through remote terrain to link existing highways with mineral deposits in northwest Alask…
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Total News Sources172
Leaning Left31Leaning Right22Center72Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
L 25%
C 57%
R 18%
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