Alaska-owned corporation asks Legislature to borrow $300 million for mining projects chilkatvalleynews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chilkatvalleynews.com Daily Mail and Mail on Sunday newspapers.
Alaska’s state-owned development bank is asking state lawmakers for permission to borrow up to $300 million that could be spent to support mining projects statewide. To date, officials at the Alaska Industrial Development and Export Authority have not provided legislators or the public with a precise spending plan. Randy Ruaro, the authority’s executive director, said […] The post Alaska-owned corporation asks Legislature to borrow $300 million for mining projects appeared first on Alaska Beacon
Nome, Alaska (Alaska Beacon) - The U.S. Department of Defense has awarded a $37.5 million grant to boost an Alaska mine project that would produce a mineral deemed critical to electronics and batteries: graphite.