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Axios
Axios

Trump announces U.S. stake in Trilogy Metals, Alaska mining road permits

President Trump announced the U.S. will take a 10% stake in Canadian minerals explorer Trilogy Metals and ordered the approval of a permit for a mining road in northwest Alaska.

Why it matters: Interior Secretary Doug Burgum told reporters the moves will unlock "all of the minerals that we need to win the AI arms race against China," which dominates in the processing of metals.


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