Doug Burgham, US Secretary of Interiors, points to a map of the White House Oval Office in Washington, DC, USA on Monday, October 6, 2025.
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US List Mineral Explorer Stocks Metals of the Trilogy More than 200% jumped Tuesday shortly after the White House said it would acquire a 10% stake in the Canadian company.
On Monday, the White House announced its partnership with the trilogy metals as part of a push to unlock domestic supply of copper and other important minerals in Alaska’s Ambler Mining District.
The partnership includes an investment of $35.6 million, which has made the US government a 10% shareholder of the trilogy metals.
The trilogy’s metals welcomed Trump’s decision to grant permission to allow for the development of key minerals in Alaska, saying the Ambler Mining District is “some of the world’s richest copper dominant polymorphic polymorphic deposits.”
The company said in a statement that Trump’s order to reverse the Biden administration’s rejection of the Ambler Road project “reflects the new federal government’s commitment to responsible resource development in Alaska, highlighting Ambler Road as a critical infrastructure based on federal government policies.”
Stocks in Trilogy Metals (TMQ) skyrocketed in pre-market trade on Tuesday.
He added that the move will help secure the domestic supply chain of minerals that include copper, cobalt, zinc and lead, and highlight the importance of these resources in energy infrastructure, defense technology and manufacturing.
Opponents of the long-inflated Ambler Road Project, a 211-mile industrial road through Alaska’s wilderness, say it will harm the community and the landscape that supports wildlife.
China is an undisputed leader in key mineral supply chains, producing almost 70% of the supply of rare earths from mines and handling almost 90%. This means that we import these materials from other countries and improve them.
Western officials have repeatedly flagged Beijing’s supply chain dominance as a strategic challenge, especially given the expected exponential growth of critical mineral demand as the clean energy transition increases pace.
