financetom
Business
financetom
/
Business
/
Trilogy Metals says key permits re-issued for Alaska mining road
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Trilogy Metals says key permits re-issued for Alaska mining road
Oct 24, 2025 4:33 AM

Oct 24 (Reuters) - Canadian miner Trilogy Metals ( TMQ )

said on Friday key federal permits have been re-issued

for a planned road in northwest Alaska that would support future

mining projects.

U.S.-listed shares of Trilogy Metals ( TMQ ) rose over 8% in

premarket trade.

The permits, granted by U.S. agencies including Alaska

Industrial Development and Export Authority, the Army Corps of

Engineers and the Bureau of Land Management, follow a recent

presidential order to restore approvals originally given in

2020.

The 211-mile (340 km) access road is located in the Ambler

mining district in Alaska which is rich in domestic supplies of

copper and other minerals.

"The road will provide access to a mining district that has

the potential to strengthen the United States' ability to secure

domestic supplies of copper and other critical minerals,"

Trilogy CEO Tony Giardini said.

Earlier this month, the White House had announced a $35.6

million investment in Trilogy Metals ( TMQ ), making the U.S. government

a 10% shareholder in the miner. The investment included warrants

to purchase an additional 7.5% stake.

Trilogy, a key developer in the Ambler district, operates a

joint venture there with Australia's South32 ( SHTLF ).

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Boeing Receives Order for 17 Chinook Helicopters From Japan Self-Defense Forces
Boeing Receives Order for 17 Chinook Helicopters From Japan Self-Defense Forces
Feb 13, 2025
10:47 AM EST, 02/13/2025 (MT Newswires) -- Boeing ( BA ) said Thursday that Japan's military force has ordered 17 CH-47 Block II Chinooks extended range helicopters to replace some of its CH-47 JA aircraft. The aircraft will be co-produced by Boeing ( BA ) and Kawasaki Heavy Industries, the company said, adding they have delivered more than 100 Chinooks...
Comstock Unit Enters Licensing Deal With Pakistan-Based Gresham's Eastern
Comstock Unit Enters Licensing Deal With Pakistan-Based Gresham's Eastern
Feb 13, 2025
10:48 AM EST, 02/13/2025 (MT Newswires) -- Comstock (LODE) said Thursday its Comstock Fuels unit has entered into a definitive master licensing agreement with Pakistan-based Gresham's Eastern. Financial terms of the agreement weren't disclosed. The deal allows Gresham's, a sustainable energy engineering, equipment and construction company, to use Comstock Fuels' proprietary Bioleum refining technologies in Pakistan to develop and operate...
Market Chatter: Trump Reciprocal Tariffs to Take Effect 'Some Months' Later, Possibly April 1
Market Chatter: Trump Reciprocal Tariffs to Take Effect 'Some Months' Later, Possibly April 1
Feb 13, 2025
10:47 AM EST, 02/13/2025 (MT Newswires) -- President Donald Trump will announce reciprocal tariffs on Thursday, but they will not take effect for some months, with possibly an April 1 start date, CNBC reporter Eamon Javers said on X, citing sources. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable...
Nutriband Formalizes Development Partnership for Abuse Deterrent Fentanyl Patch With Kindeva
Nutriband Formalizes Development Partnership for Abuse Deterrent Fentanyl Patch With Kindeva
Feb 13, 2025
10:47 AM EST, 02/13/2025 (MT Newswires) -- Nutriband ( NTRB ) said Thursday that the company and Kindeva Drug Delivery have formalized their exclusive product development partnership for the Aversa Fentanyl abuse deterrent patch. The companies have also formalized their long-term commitment based on shared development costs in exchange for milestone payments. Nutriband's ( NTRB ) Aversa technology can be...
Copyright 2023-2026 - www.financetom.com All Rights Reserved