US to Take 10% Stake in Trilogy Metals (TMQ), Approves Alaska Road

The US 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 announcementBloomberg Terminal Monday, 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.