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Valhalla Metals Welcomes Concrete Support for the Ambler Access Road from the Trump Administration
Vancouver, British Columbia--(Newsfile Corp. - March 24, 2025) - Valhalla Metals Inc. (TSXV: VMXX...
About this update from Valhalla Metals Inc.
[{"type":"text","content":"Valhalla Metals Welcomes Concrete Support for the Ambler Access Road from the Trump AdministrationVancouver, British Columbia--(Newsfile Corp. - March 24, 2025) - Valhalla Metals Inc. (TSXV: VMXX) (OTCQB: VMXXF) (\"Valhalla\" or the \"Company\") welcomes the recent announcements from White House and Department of Interior.On March 20, 2025, President Trump signed an executive order titled \"Immediate Measures to Increase American Mineral Production\", invoking emergency powers under the Defense Production Act to facilitate and elevate domestic mineral production as part of an effort to reduce U.S. reliance on foreign nations for its mineral supply. The Executive Order lays out several provisions such as streamlined permitting and financing support for domestic critical metals projects. The order also emphasized the importance of developing domestic mineral production to the maximum possible extent for the United States national security. More specifically, federal agencies are directed to work with the Chair of the National Energy Dominance Council (NEDC) to \"…. identify priority projects that can be immediately approved or for which permits can be immediately issued, and take all necessary or appropriate actions within the agency's authority to expedite and issue the relevant permits or approvals\". The Executive Order also instructs the Department of Defense (DOD) to work with United States International Development Finance Corporation (DFC) to provide financing for domestic critical mineral production projects. Furthermore, in a press release dated March 20, 2025, the Department of Interior Secretary Doug Burgum has taken additional and immediate steps to \"…unleash Alaska's untapped natural resource potential and support President Donald J. Trump's vision of American Energy Dominance.\" The action taken by the Department of Interior (DOI) includes the revocation of public lands withdrawal in order to convey these lands to State of Alaska that would help \"…pave the way forward for the proposed Ambler Road…\". These lands specifically refer to the first 20 miles of the Ambler Access Road located on Bureau of Land Management (BLM) owned lands along the Alaska Pipeline corridor. These lands are also referred to \"Public Land Order (PLO) 5150 Lands\" that were deeded to the State of Alaska, but have ...