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Trilogy and South32 form Ambler JV

Trilogy Metals and South32 have formed a 50/50 joint venture called Ambler Metals for the future development of the Upper Kobuk Mineral Projects (UKMP) in Alaska, USA.

Paul Harris
The Ambler Metals camp in Alaska, USA

The Ambler Metals camp in Alaska, USA

South32 exercised its option to acquire a 50% interest in December 2019. Trilogy contributed all its UKMP assets—some 172,675 hectares—to the JV while South32 contributed US$145 million. The two companies...

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