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Trump Orders Permits for Alaska’s Ambler Road as U.S. Buys 10% of Trilogy Metals

The White House casts the move as a critical-minerals and national security push, with court challenges from opponents likely to determine the timeline.

Overview

  • An executive order directs the Bureau of Land Management, National Park Service and U.S. Army Corps of Engineers to reissue or promptly issue permits for the 211-mile Ambler Access Road.
  • Interior Secretary Doug Burgum said work could start next spring with a pilot single-lane gravel segment, and he described a plan for joint ownership by the state, federal government and Native Alaskan entities.
  • The U.S. will invest $35.6 million for a 10% equity stake in Trilogy Metals, with warrants for an additional 7.5%, to support exploration in the Ambler Mining District.
  • Environmental groups and Alaska Native organizations, citing threats to caribou, salmon habitat and subsistence, vowed legal action after the reversal of the Biden administration’s 2024 halt.
  • Trilogy Metals’ shares surged more than 200% after the announcement, as officials argued the road would help secure domestic supplies of copper, cobalt and other strategic minerals and lessen reliance on China.