U.S. Buys Stake in Trilogy Metals, Approves Alaska Mining Road

On Oct. 7, 2025 President Donald Trump announced the federal government will take a roughly 10% equity stake in Canadian miner Trilogy Metals via a $35.6 million investment (with warrants to buy an additional 7.5%), and ordered approval of a federal permit for a 211‑mile road into the Ambler Mining District in northwest Alaska. Interior Secretary Doug Burgum framed the moves as unlocking domestic supplies of critical minerals (copper, cobalt, gold) important for technology and national‑security needs; the project reverses prior Biden‑era blocking of the rights‑of‑way and raises questions about impacts on Alaska Native subsistence and remote‑wilderness wildlife.