US Government Takes Stake in Trilogy Metals Amid Controversial Mining Plans

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Source: CNBC
US Government Takes Stake in Trilogy Metals Amid Controversial Mining Plans
Photo: CNBC
TL;DR Summary

Shares of Trilogy Metals surged nearly 200% after the U.S. government announced a 10% stake in the company as part of a partnership to develop critical minerals in Alaska, including copper and other resources vital for energy and defense industries, reversing previous project rejections and highlighting a focus on domestic supply chains.

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