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Trilogy Metals lost $42.2M in 2025 but secured $17.8M in U.S. funding and permits for its Alaskan critical minerals project, with 2026 development fully funded.
Trilogy Metals reported a fiscal 2025 net loss of $42.2 million but ended the year with $51.6 million in cash.
The U.S. government committed $17.8 million in strategic investment for the Upper Kobuk Mineral Projects in Alaska, recognizing the site’s importance to domestic supply chains for critical minerals.
The company also secured Right-of-Way permits for the Ambler Access Project, advanced project leadership, and plans to open the Bornite camp in 2026 and submit mine permits, potentially using federal expedited programs.
The 2026 program is fully funded, marking a key step in project development.
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Trilogy Metals perdió $ 42.2 millones en 2025, pero obtuvo $ 17.8 millones en financiamiento y permisos de los Estados Unidos para su proyecto de minerales críticos de Alaska, con el desarrollo de 2026 totalmente financiado.