President Trump revived the Ambler Road project in Alaska by ordering federal permits approval within 30 days, reversing the Biden administration's denial, but significant legal, financial, and landowner hurdles remain, making the project's future uncertain.
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.
The Biden administration is expected to block the construction of the controversial Ambler Road in Alaska, which is crucial for accessing a planned copper and zinc mine, citing threats to Indigenous communities and wildlife habitat. This decision reflects the administration's selective approach to domestic mining of minerals for clean-energy technologies, balancing climate goals with the need to protect vulnerable communities and pristine wilderness. The move comes after a fresh review ordered by Interior Secretary Deb Haaland found that the road would significantly impact Alaska Natives and wildlife, despite the mining venture's claims of job creation and bolstering U.S. mineral supply chains.
The Biden administration has issued a finding that the proposed Ambler Road, critical to operating a giant open-pit mine in Alaska, could threaten Alaska Native communities and their lifestyle more than previously estimated. The road, approved under the Trump administration, was suspended last year due to "significant deficiencies" in the prior environmental review. The new analysis found that 66 communities could be affected, with nearly half facing significant impacts. The road would also fragment wildlife habitat and potentially harm caribou and fish populations. The findings raise concerns among environmental groups and some administration officials, while mining advocates argue that the project is necessary for domestic mineral supply. The final decision is expected next spring.