Federal backing advances Alaska mining projects
The U.S. DoD invested $35.6M in Trilogy Metals (TMQ) and South32 (S32) for Alaska mining projects, gaining a 10% stake. Ambler Metals, a joint venture, advances projects in the Ambler district. Political and environmental challenges remain. Alaska holds significant global mineral resources. Trilogy aims for a construction decision in 2028. NovaGold (NG) seeks full ownership of Donlin, with an updated feasibility study underway.


