07 Oct 2025 | 5 Mins Read
US Invests in Trilogy Metals for Alaska Mine Development
Flipitmoney
The US will take a 10% stake in Canadian minerals explorer Trilogy Metals Inc. with a $35.6 million investment to secure critical energy and mining projects in Alaska. The investment includes warrants for an additional 7.5% stake. Trio Metals has mining claims in Alaska, including a joint venture with South32 Ltd. US shares soared over 150% after the deal announcement.