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Trilogy Metals Inc. received a 10% investment from the Trump administration, worth $35.6 million, earlier this month. This investment gives the U.S. a direct ownership stake in the Canadian mining company, which is pivotal as the federal government aims to secure critical minerals.
President Trump signed an executive order on October 6, 2025, allowing the construction of a 200-mile access road into the Ambler Mining District in Alaska. This area is believed to possess significant deposits of copper, cobalt, gold, and silver. The stock of Trilogy Metals surged 211% following the announcement, reflecting the market’s positive response to the government’s commitment to mineral development.
This initiative aligns with a broader strategy by the U.S. to reduce dependence on critical mineral imports, particularly from China and the Democratic Republic of the Congo, amid concerns about their geopolitical leverage.
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