Blockchain Registration Transaction Record

Trilogy Metals Soars 200% as Trump Administration Invests $35.6M

Trilogy Metals stock surges 200% after Trump administration invests $35.6M and approves Ambler Access Project, reversing Biden-era decision on Alaska mineral development.

This development represents a critical shift in U.S. mineral policy with far-reaching implications for national security, clean energy transition, and economic competitiveness. The United States currently imports over 50% of its copper needs and nearly all of its cobalt requirements—minerals essential for electric vehicles, renewable energy infrastructure, and defense technologies. By developing domestic sources in Alaska's Ambler District, the U.S. reduces reliance on foreign suppliers like China and Congo, where supply chains face geopolitical risks and human rights concerns. For investors, this signals massive growth potential in domestic mining, while for consumers, it means more stable pricing and supply for everything from electric cars to smartphones. The project also creates economic opportunities in Alaska while demonstrating how resource development can proceed with environmental and community considerations through partnerships with Native corporations.