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 ...

This precious metals company's stock exploded today. Here's why.Shares of Trilogy Metals (TMQ 210.53%) soared Tuesday, finishing the day up 211%. The jump came as the S&P 500 (^GSPC -0.38%) and the Nasdaq Composite (^IXIC -0.67%) fell by 0.4% and 0.7%, respectively.The Trump administration announced it was taking a 10% equity stake in Trilogy Metals, a Canadian mining company, as part of its push to secure critical metal supply for the U.S.US looks to secure its metals supplyLate Monday, the White House ann ...

Key Takeaways Shares of Trilogy Metals (TMQ) skyrocketed on Tuesday after the Trump administration announced it would take a stake in the Canadian mining company, the latest in a string of government investments in industries deemed critical for national security. The White House on Monday afternoon said it was investing $35.6 million in Trilogy Metals "to support mining exploration in Alaska's Ambler Mining District.†The investment will give the federal government a 10% stake in the Vancouver-based miner. ...

Core Viewpoint - Shares of Trilogy Metals surged over 250% following the Trump administration's announcement of a 10% stake in the company, supporting mining exploration in Alaska, reversing the Biden administration's previous rejection of an Alaskan mining project [1][3]. Group 1: Investment and Stake Acquisition - The U.S. will invest $35.6 million in Trilogy Metals, acquiring a 10% stake and warrants for an additional 7.5% equity [2]. - The investment is part of a broader strategy to support mining exploration in Alaska's Ambler mining district, which includes the issuance of permits for the Ambler Road Project [2][3]. Group 2: Market Reaction - Trilogy Metals' stock price increased approximately 260% to around $7.50, setting a new record and nearly doubling its previous all-time intraday high of $4.76 [1]. - The surge in stock price reflects investor optimism regarding federal support for resource development in Alaska [3]. Group 3: Policy Context - The Trump administration's decision to support the Ambler Road Project is framed as essential for national defense and economic prosperity, contrasting with the Biden administration's earlier rejection due to environmental concerns [3]. - The Interior Secretary's announcement indicates a shift towards reducing U.S. dependence on mineral imports, particularly from China, by acquiring stakes in critical mineral companies [5].

(Bloomberg) -- The US said it will take a 10% stake in Canadian minerals explorer Trilogy Metals Inc. as part of a $35.6 million investment to secure critical energy and mining projects in Alaska. In an announcement Monday, President Donald Trump said the White House is reversing a Biden-era decision to reject Ambler Road, a project to help access vast critical mineral deposits in Alaska’s Northern Brooks Range to open up critical energy and mining projects. The 211-mile (340-kilometer) highway would conn ...

Trump's Industrial Policy juggernaut continues.Moments after the close when we saw some abnormal moves in the stock of yet another North American small cap stock focused on mining strategic minerals, we quickly skimmed through Trilogy Metals' just released presentation and told readers that yet another "Uncle Sam bear hug" deal was in the works, pointing out the company's disclosure of DOD funding to develop a cobalt supply chain. Trilogy Metals (TMQ) soars after microcap miner ($343MM market cap) reveals D ...

Ivanhoe Mines Closes US$500 Million Strategic Private Placement with Qatar Investment AuthoritySeptember 29, 2025 1:22 PM EDT | Source: Ivanhoe Mines Ltd.Toronto, Ontario--(Newsfile Corp. - September 29, 2025) - Ivanhoe Mines Ltd. (TSX: IVN) (OTCQX: IVPAF) announces that the company has closed the private placement offering with Qatar Investment Authority (QIA), as previously announced on September 17, 2025.In accordance with the offering, Ivanhoe Mines has issued 57,516,666 common shares to Q ...

Core Insights - Ares Strategic Mining Inc. has reported a significant breakthrough in its materials analysis program, confirming the presence of germanium and gallium in its fluorspar ore samples from the Spor Mountain Project in Utah [1][4]. Company Overview - Ares Strategic Mining Inc. focuses on developing fluorspar projects in the U.S. and aims to become a major supplier of high-grade fluorspar to North American markets, supporting industries essential for modern technology and infrastructure [6]. Mineral Discovery - The analysis conducted in partnership with Iowa State University and Ames National Laboratory revealed germanium concentrations of 0.15% (1,500 ppm) and 0.05% (500 ppm) in two of the seven samples tested, with low error margins [3]. - The presence of both germanium and gallium is significant as they are classified as critical minerals on the U.S. supply risk list [4]. Strategic Development Plans - Following the successful proof-of-concept testing, the company plans to continue advanced laboratory characterization to quantify germanium and gallium concentrations across additional batches [7]. - Ares will also explore commercial pathways for extracting and recovering these materials alongside fluorspar and evaluate potential economic co-products and vertical integration opportunities [7]. Commitment to Supply Chain Resiliency - The initiative is part of Ares' broader commitment to maximize resource value and contribute to the domestic supply chain resiliency for critical materials in the United States [5].

Group 1: Market Dynamics - The price of germanium has surged to $5,000 per kilogram, five times higher than the $1,000 per kg price in early 2023, marking a 14-year high [2] - The supply crunch from China has led to panic among customers seeking germanium, significantly impacting supply chains for Western military systems [1][2] Group 2: Geopolitical Context - China dominates the global market for critical minerals, creating dependency for Western defense manufacturers amid strained bilateral relations [3] - The International Energy Agency (IEA) warns that concentrated supply and China's export controls increase the risk of "painful disruptions" in the market [3] Group 3: Industry Responses - Lockheed Martin has signed a strategic deal with Korea Zinc to procure germanium smelted outside of China, North Korea, Iran, and Russia, ensuring priority rights for procurement [5] - Nyrstar, a subsidiary of Trafigura, is evaluating a project to build a germanium and gallium recovery and processing facility in Tennessee, the only primary zinc producer in the U.S. [6]

Core Insights - Quantum Critical Metals Corp. has joined the 47G Institute to enhance North American critical materials supply chains in response to new U.S. defense sourcing regulations [1] - The partnership aligns with the U.S. law banning Chinese-sourced rare earth magnets in defense systems, effective January 1, 2027, prompting a shift in supply chain dynamics [1] - CEO Marcy Kiesman emphasizes the importance of collaboration and strategic partnerships to secure critical mineral resources for energy and security [1] Company Overview - Quantum Critical Metals Corp. is a Canadian mineral exploration company focused on advancing critical metals projects essential for next-generation technologies [2] - The company has a diverse portfolio, including projects in Québec and British Columbia, aimed at supporting a secure and sustainable critical metals supply for the West [2]