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Trilogy Metals' shares surged over 200% in premarket trading after the White House announced a 10% stake and $35.6 million investment in the Canadian miner. This partnership aims to boost domestic copper and critical mineral supplies from Alaska's Ambler mining district. The move reverses a previous administration's rejection of the Ambler Road project, signaling a renewed federal commitment to resource development, though facing opposition over environmental concerns.

Prepared by Christopher Adams and reviewed by editorial team.