EventWashington’s $35.6 million investment gives it a 10 % stake in Trilogy Metals, backing exploration of the Upper Kobuk Mineral Projects in northwestern Alaska. The deal, coupled with federal backing for a 340‑km Ambler Road, aims to accelerate access to a 13‑year copper‑zinc mine that could supply 149 million lb of copper and 173 million lb of zinc annually.
U.S. government acquired about 10% of Trilogy Metals for $35.6 million, adding shares, warrants and board influence to accelerate copper‑rich Upper Kobuk projects in Alaska’s Ambler Mining District, bolstering critical‑mineral security and Arctic development.
Washington’s $35.6 million investment gives it a 10 % stake in Trilogy Metals, backing exploration of the Upper Kobuk Mineral Projects in northwestern Alaska. The deal, coupled with federal backing for a 340‑km Ambler Road, aims to accelerate access to a 13‑year copper‑zinc mine that could supply 149 million lb of copper and 173 million lb of zinc annually.
