Trilogy Metals shares soar over 200% after U.S. takes stake in minerals explorer
CNBC1 day
Trump Orders Approval of Alaska Mining Road
Above: President Donald Trump, left, and Secretary of the Interior Doug Burgum in the Oval Office on Oct. 6, 2025. Image copyright: Aaron Schwartz/CNP/Bloomberg/Getty Images
The Spin
Republican narrative
The Ambler project will strengthen America's economic independence by unlocking billions in domestic copper and critical minerals. The new access road to the Ambler district will end dangerous reliance on China for essential materials needed in defense and energy sectors. This long-overdue project will generate massive revenue while securing America's mineral supply chain.
Democratic narrative
The Ambler project will destroy America's largest national park landscape and 1,400 acres of wetlands to enrich a foreign Canadian company. This industrial corridor divides caribou migration routes and causes irreversible environmental damage, opposed by thousands of Alaskans. The government's investment in Trilogy Metals sends profits overseas while devastating the wilderness.
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© 2025 Improve the News Foundation. All rights reserved.Version 6.16.0
© 2025 Improve the News Foundation.
All rights reserved.
Version 6.16.0