TMQ - Trilogy Metals Inc.
The Department of Defense's Office of Strategic Capital on Thursday announced a $725 million conditional loan commitment with Energy Fuels Inc. (AMEX:UUUU) to expand domestic rare earth processing at its White Mesa Mill in Utah and fund a new rare earth metals and alloy facility in the U.S.
Trilogy Metals offers exposure to high-grade Arctic and Bornite copper projects in Alaska, with South32 as a JV partner. Arctic's robust feasibility metrics—5% copper equivalent, $1.1B NPV8, 22.8% IRR, low cash cost—anchor the investment case. Ambler Road permitting and U.S. critical minerals policy are pivotal catalysts; project value hinges on infrastructure progress.
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VANCOUVER, BC, June 9, 2026 /PRNewswire/ - Trilogy Metals Inc. (NYSE American: TMQ) (TSX: TMQ) ("Trilogy Metals", "Trilogy" or the "Company") announced today that field crews have successfully mobilized to site and seasonal field operations are officially underway for the 2026 summer exploration program at the Upper Kobuk Mineral Projects ("UKMP") in northwestern Alaska's Ambler Mining District. Highlights Fully Funded Program Centered on Advancing the High-Grade Arctic Copper-Zinc-Lead-Gold-Silver Project Toward Construction Decision Target Assessments for Drilling Along 100-Kilometer VMS Belt to Underpin District-Wide Exploration Planning for 2027 Bornite Camp Upgrades to Set the Stage for Accelerated Exploration and Development in 2027 Ron Rimelman Appointed President of Ambler Metals to Lead the Joint Venture Through Permitting and Development The UKMP asset portfolio, which encompasses approximately 190,929 hectares and hosts both the high-grade Arctic polymetallic deposit (the "Arctic Project" or "Arctic") and the Bornite copper-cobalt deposit (the "Bornite Project" or "Bornite"), is being advanced by Ambler Metals LLC ("Ambler Metals").
VANCOUVER, BC, June 1, 2026 /PRNewswire/ - Trilogy Metals Inc. (NYSE American: TMQ) (TSX: TMQ) ("Trilogy Metals", "Trilogy" or the "Company") is pleased to provide the following update on the previously announced proposed strategic equity investment of US$35.6 million by the U.S. Department of War (the "DOW" or "U.S. Government"). Trilogy and the DOW have agreed to extend the targeted closing date for the investment from May 31, 2026, to July 31, 2026, to account for the time required to finalize definitive documentation.
USA Rare Earth is close to finalizing $1.6 billion in U.S. government financing.
When the U.S. and China meet, rare earth stocks generally fall, but then recover.
Trilogy Metals Announces Acceptance of Alaska's High-Grade Arctic Copper-Zinc-Lead-Gold-Silver Project into the FAST-41 Federal Permitting Prog
VANCOUVER, BC, May 15, 2026 /PRNewswire/ - Trilogy Metals Inc. (NYSE American: TMQ) (TSX: TMQ) ("Trilogy Metals", "Trilogy" or the "Company") announced today that its flagship Arctic Project in northwestern Alaska's Ambler Mining District, being advanced by Ambler Metals LLC ("Ambler Metals") – its 50/50 joint venture with South32 Limited (ASX, LSE, JSE: S32; ADR: SOUHY) ("South32") – has been officially accepted as a "Covered Project" on the Federal Permitting Improvement Steering Council's (the "Permitting Council") Federal Permitting Dashboard at permits.performance.gov under Title 41 of the Fixing America's Surface Transportation Act ("FAST-41"). The designation marks a pivotal milestone as Ambler Metals advances toward the start of the National Environmental Policy Act process, and positions the Arctic Project as a priority domestic critical mineral development under President Trump's resource policy agenda.
VANCOUVER, BC, May 14, 2026 /PRNewswire/ - Trilogy Metals Inc. (NYSE American: TMQ) (TSX: TMQ) ("Trilogy Metals", "Trilogy" or the "Company") announced today the detailed voting results on the items of business considered at its Annual Meeting of Shareholders ("Meeting") held in Vancouver on Wednesday, May 13, 2026. All proposals were approved and the nominees listed in the management proxy circular for the Meeting were all elected as directors.
VANCOUVER, BC, May 7, 2026 /PRNewswire/ - Trilogy Metals Inc. (NYSE American: TMQ) (TSX: TMQ) ("Trilogy Metals", "Trilogy" or the "Company") today welcomed the U.S. Department of the Interior's ("DOI") decision to transfer approximately 1.4 million acres of federal land within Alaska's Dalton Utility Corridor to the State of Alaska, marking a significant step toward advancing responsible resource development in the Ambler Mining District. The land transfer is part of a broader series of federal actions affecting the corridor, centered on the issuance of Public Land Order 7966, which partially revoked Public Land Order 5150 ("PLO 5150").
Fully Funded Exploration and Development Field Program by Ambler Metals Anticipated to Commence in May Independent Economic Impact Study Highlights Arctic's Substantial Benefits to Alaska and the Northwest Arctic Region All amounts are in United States dollars unless otherwise stated. VANCOUVER, BC, April 21, 2026 /PRNewswire/ - Trilogy Metals Inc. (NYSE American: TMQ) (TSX: TMQ) ("Trilogy Metals", "Trilogy" or the "Company") announced today that Ambler Metals LLC ("Ambler Metals"), its 50/50 joint venture with South32 Limited ("South32"), has commenced the permitting process for the Arctic Project (the "Arctic Project" or "Arctic"), part of the Upper Kobuk Mineral Projects ("UKMP") in northwestern Alaska's Ambler Mining District.
The deal calls for $300 million in cash plus 126.85 million newly issued USAR shares.
VANCOUVER, BC, April 2, 2026 /PRNewswire/ - Trilogy Metals Inc. (TSX: TMQ) (NYSE American: TMQ) ("Trilogy Metals" or the "Company") announces its financial results for the first quarter ended February 28, 2026, and provides an update on the U.S. federal strategic investment, project advancement at the Upper Kobuk Mineral Projects ("UKMP") in northwestern Alaska, and the broader regulatory and policy environment supporting domestic critical minerals development. Details of the Company's financial results are contained in the interim unaudited consolidated financial statements and Management's Discussion and Analysis which will be available on the Company's website at www.trilogymetals.com, on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov.
Trilogy Metals offers a high-quality asset in Alaska, with DoD backing and a current P/NAV under 0.2x, reflecting regulatory risk and opportunity. TMQ's valuation is deeply discounted due to permitting uncertainty for the critical Ambler Access Road, despite recent executive action restoring key approvals. The project's near-term upside hinges on timely road construction progress in 2026 and the administration's ability to overcome legal and bureaucratic hurdles.
VANCOUVER, BC, March 27, 2026 /PRNewswire/ - Trilogy Metals Inc. (NYSE American: TMQ) (TSX: TMQ) ("Trilogy Metals" or the "Company") will hold its 2026 Annual General Meeting of the Shareholders ("AGM") on Wednesday, May 13, 2026 at 10:00 am Pacific Time at the office of the Company, Suite 901 - 510 Burrard Street, Vancouver, British Columbia. All current directors will stand for re-election at the AGM.
Trilogy Metals Inc. (NYSEAMERICAN:TMQ - Get Free Report) fell 6.2% during trading on Friday. The stock traded as low as $3.23 and last traded at $3.2550. 1,110,351 shares were traded during mid-day trading, a decline of 78% from the average session volume of 5,133,807 shares. The stock had previously closed at $3.47. Analyst Upgrades
Trilogy Metals Inc. (TSE: TMQ - Get Free Report) insider Olav Langelaar purchased 5,000 shares of the company's stock in a transaction on Wednesday, February 18th. The shares were purchased at an average cost of C$5.24 per share, with a total value of C$26,200.00. Following the transaction, the insider directly owned 5,000 shares in the company,
Federal investment is driving explosive stock moves as Washington reshapes supply chains tied to AI, energy, and national security.
VANCOUVER, BC, Feb. 23, 2026 /PRNewswire/ - Trilogy Metals Inc. (NYSE American: TMQ ) (TSX: TMQ) ("Trilogy Metals", "Trilogy" or the "Company") announced today key management appointments at its 50/50 joint venture with South32 Limited ("South32") – Ambler Metals LLC ("Ambler Metals") – which is advancing exploration and development of the Upper Kobuk Mineral Projects ("UKMP") in northwestern Alaska's Ambler Mining District. Tony Giardini, President and CEO of Trilogy, commented: "Michael Galicki and Cole Schaeffer bring exactly the expertise we need to advance the UKMP.