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1h ago

Trump Approves Alaska Ambler Road as U.S. Takes 10% Stake in Trilogy Metals

The White House frames the move as a critical‑minerals push to reduce reliance on China.

The Gates of the Arctic National Park and Preserve, where the Ambler Road project would pass through, is visible from Ambler, Alaska, Sunday, Sept. 28, 2025. (AP Photo/Annika Hammerschlag)
President Donald Trump listens as Interior Secretary Doug Burgum speaks to reporters in the Oval Office at the White House, Monday, Oct. 6, 2025, in Washington. (AP Photo/Jacquelyn Martin)
The Gates of the Arctic National Park and Preserve, where the Ambler Road project would pass through, is visible from Ambler, Alaska, Sunday, Sept. 28, 2025. (AP Photo/Annika Hammerschlag)
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Overview

  • An executive order reverses the 2024 Biden-era block and directs the National Park Service, Bureau of Land Management and Army Corps to promptly reissue permits for the 211-mile access road.
  • $35.6 million in federal funding will buy a 10% equity stake in Trilogy Metals, with warrants allowing the government to purchase an additional 7.5% of the company.
  • Interior Secretary Doug Burgum outlined a phased build starting with a pilot single-lane gravel road, with construction targeted to begin next spring and potential Defense Department funding to support development.
  • Officials say the route would include roughly 26 miles through Gates of the Arctic National Park and cross multiple rivers, while tribes and environmental groups prepare legal challenges over impacts to caribou, fish and subsistence.
  • Trilogy Metals’ shares surged more than 200% on the news, which follows recent U.S. equity moves in Lithium Americas, Intel and MP Materials to secure strategic supply chains.