US Government to buy 10% stake in Trilogy Metals
The DoW plans to invest approximately $35.6m to develop critical mineral resources at Trilogy’s UKMP in Alaska.
08 October 2025
08 October 2025
The DoW plans to invest approximately $35.6m to develop critical mineral resources at Trilogy’s UKMP in Alaska.
The Robe River JV is owned by Rio Tinto (53%), Mitsui Iron Ore (33%) and Nippon Steel (14%).
The potential financing would support the construction of a 40,000tpa commercial natural flake graphite facility in New York.
The government aims to exert more control over output levels to stabilise commodity prices, including those of coal and nickel.
The second phase builds on the success of the initial drilling programme that concluded earlier in 2025.
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