Trump invests $ 35.6 million in Canada’s well, turning Biden’s Alaska decision

On Monday, the Trump Administration announced two major stages to improve domestic access to critical minerals, including translation a Bid Decision and stake in the Canadian mining company.

President Donald Trump Said he signed an assignment that President Joe Biden’s decision to prevent 211 miles from entering the road to the Alaska Amble Mining District. The road is considered the key to opening US copper and other essential minerals.

« This is something that should have been a long time to work and make billions of dollars on our country and deliver a lot of energy and minerals and everything we talk about, » Trump said during the signature ceremony in the oval office.

Alongside the implementation order, the White House announced $ 35.6 million from investment in trilogy metals, a company in Canada that possibly developing part of the Ambler area. The store gives the United States a 10%equity, the option of which is to buy 7.5%.

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President Donald Trump listens to the Interior Minister Doug Burgum speaks and gestures hands in oval office

President Donald Trump listens to the interior secretary Doug Burgum speaks when signing mining in Alaska’s White House, Washington DC, October 6, 2025. (Kent Nishimura / Reuters photos)

Biden had blocked the road in 2024 of the concerns of the indoor department that mining could be threatened by mining caribu and fish Populations that provide livelihoods for dozens of indigenous communities.

Finger shows the geographical map of North Alaska in an oval office

The geographical map of North Alaska is presented in the oval office when President Donald Trump sign an assignment that will provide the construction of the Ambler Mining District on October 6, 2025. (Kent Nishimura / Reuters photos)

Moving is part of Trump’s wider attempt to reduce the confidence of the United States China For vital materials such as energy, semiconductors and defense.

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Donald Trump with a dark suit and red tie, talking about the decisive table in the oval office of the White House

President Donald Trump will submit notes during the White House event on October 6, 2025. (Kent Nishimura / Reuters photos)

Last month Ministry of Energy Reductions with Lithium Americas to get a penny option for a 5%share of the company and options 5%of the financial share of the Thacker Pass in a joint company with General Motors.

In August, the US government acquired a 9.9%stake in Intel, an approximately $ 8.9 billion value from Intel, and a stock component agreement.

Dagger Safety Take Change Shift
Lac Lithium argentina 8.39 -0.06

-0.69%

Intc Intel Corp. 36.59 -0.24

-0.65%

Congressman MP MATERIALS CORP 73.54 -0.79

-1.06%

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It Pentagon In July, he placed a $ 400 million primary share capital in the MP material to build a rare landscape magnetic chain in the US. The company owns a rare earth mine in the US, which is located in Mountain’s passport, California.

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