Blockchain Registration Transaction Record

US Invests $35.6M in Trilogy Metals' Alaska Critical Minerals Project

Trilogy Metals secures $35.6M US investment for Alaska critical minerals project with copper, cobalt & zinc deposits. Joint venture with South32 advances strategic domestic supply chain.

This development matters because it addresses critical supply chain vulnerabilities for minerals essential to modern technologies, national security, and the green energy transition. The U.S. government's direct investment signals a strategic shift toward securing domestic sources of copper, cobalt, and other minerals currently dominated by foreign suppliers, particularly China. For consumers, this could mean greater stability in prices and availability for everything from electric vehicles and renewable energy infrastructure to electronics and defense systems. The project's location in Alaska and partnership with local communities through NANA Regional Corporation also demonstrates how resource development can align with environmental and social considerations, potentially setting new standards for responsible mining practices. As global demand for critical minerals continues to surge—driven by electrification, digitalization, and decarbonization trends—domestic projects like this reduce geopolitical risks while creating economic opportunities in regions that need sustainable development.