Is the US government buying stock?

[UpInArms]

Has this funding been appropriated or is he just spending wherever?

https://www.marketwatch.com/story/the-u-s-just-took-a-stake-in-another-resources-company-and-the-stock-is-tripling-63e32269

Trilogy Metals shares tripled in premarket trade on Tuesday as the U.S. government took a 10% stake in a company exploring in Alaska for copper and other metals.

The White House late on Monday said it was taking a 10% stake in Vancouver, Canada-based Trilogy, worth some $35.6 million, with warrants to buy another 7.5% of the company.

[vapor2]

1. What could go wrong?

[Ferrets are Cool]

2. This can't be legal, right?

[lastlib]

4. remember Obama admin. propped up GM with big stock purchase...

US Govt made a tidy profit on the deal. I understand that was a different situation, and I don't favor what the current Crime Minister is doing here.

[Wounded Bear]

3. What happened to "buy American?"

[rzemanfl]

5. Canada should bring this to a halt.

I'm sure they can. Call it sanctions.

[Johonny]

6. Im sure no one in the administration

Bought stock before announcing the deal. No way.

[GreatGazoo]

7. Not just buying stock -- guaranteeing price floors

Has been going for months -- lithium, rare earth, etc.

Under the MP deal, the Pentagon set a price floor of $110 per kilogram for neodymium-praseodymium oxide, or NdPr, a key input in rare-earth magnets. The government pays MP the difference when the market price is below $110 but in turn takes 30% of the upside when the price is above $110.

https://www.cnbc.com/2025/09/28/mp-materials-lithium-americas-lac-rare-earth-trump-stake.html