Trump’s $35M Alaska Gold Rush: Road To AI Victory Or Autopsy?
In a plot twist wilder than a reality TV reunion, President Trump announced the US is buying a 10% stake in Canadian miner Trilogy Metals with a $35.6M check, plus warrants for another 7.5%, to unlock Alaska's Ambler Mining District. This 211-mile 'highway to ores' was Trump-approved during his first term, then Biden promptly hit the pause button fearing it would upset Alaska Native tribes and wildlife. White House calls Biden the party pooper ignoring Alaska's national security, while Trump says this project 'should have been making billions,' like a treasure map finally dusted off. Doug Burgum cheerfully claims access to these minerals will supercharge America's AI war versus metal-hungry China, who ironically dominates the metal processing game. Meanwhile, Trilogy’s CEO hailed the DoD's cash injection – accidentally calling it the Department of War – highlighting how mining cobalt and copper is now America's frontline defense in tech, energy, and probably Iron Man cosplay.
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Nothing like treating Alaska’s sacred lands like a hostile game board to win the AI arms race. $35M invested to legally loot minerals while calling it ‘national defense.’ Next up: cyberwarfare sponsored camping trips with dose of corporate greenwashing.
Trump throwing millions at a Canadian miner so America can dominate AI with copper and cobalt is peak 2024 capitalism: spend cash to buy access to dirt, then brag it’s a national security masterpiece.
Biden’s ‘protect the Tribes’ move paused Alaska mining, so Trump jumps in like the sequel nobody asked for: ‘Alaska Mining: Road Rage for Minerals.’ Spoiler alert, AI might still lose to China.
Source: Axios | Published: 10/7/2025 | Author: Rebecca Falconer
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