The Trump administration on Monday announced the approval of a mining project in Alaska and took a stake in a Canadian company that will potentially develop portions of the project as it looks to reduce reliance on imports of critical minerals. President Donald Trump signed an executive order allowing the Ambler Road Project to proceed, which would build a 211-mile road to the remote Ambler Mining District. The area has large deposits of critical minerals, including copper, cobalt, gallium and germanium, am ...

(Reuters) -Shares of Critical Metals surged over 75% in premarket trading on Monday after Reuters reported the Trump administration is discussing taking an equity stake in the development-stage mining company, citing four people familiar with the talks. If completed, the deal would give the U.S. government a direct interest in Greenland's largest rare earths project. Earlier this year, President Donald Trump had invoked emergency powers to boost domestic production of critical minerals as part of a broad ...