regulatory
confidence high
sentiment positive
materiality 0.75
BLM files draft SEIS for Ambler Access Project; comment period opens through Dec 19
Trilogy Metals Inc.
- BLM filed draft SEIS for the 211-mile Ambler Access Road on Oct 18, 2023; 60-day public comment ends Dec 19, 2023.
- Final SEIS expected Q1 2024 and a Record of Decision in Q2 2024.
- Road permits were suspended in May 2022 after lawsuits by ENGOs and tribes; remand allows BLM to do additional work.
- Road is proposed by AIDEA; Trilogy's 50/50 JV Ambler Metals would pay tolls to use it.
- Alaska Native leaders and delegation support the project; SEIS is a key step toward restarting permitting.