Mining in the United States could potentially have a highly positive impact on the CHIPS Act, a legislative initiative aimed at bolstering domestic semiconductor manufacturing and addressing the global chip shortage.
Modern mining is smarter than ever thanks to innovative technologies that have transformed the way we explore and extract Alaska’s vast mineral deposits. ‘Smart’ mining employs once unimaginable gadgets and even AI to safeguard the environment and those who work in and around Alaska’s world-class mining operations.
Alaska is a unique place - and the state’s mining industry strives to keep it that way! Advanced technologies and innovative methods align to ensure Alaska’s mining operations not only protect but actively restore the land.
Alaska has one of the most robust regulatory systems in the world - and for good reason. More than any other state, Alaska depends on the responsible development of its natural resources for its economic well-being and Alaskans care deeply about the environment.
In Alaska, operators of large metal mines are required to reclaim and close their mines. They cannot even begin construction of the mine until the state has approved their plans, and they have put up money – called financial assurance – that the state could use if the company fails to complete the job.
Think Graphite is just for pencils? Think again! Graphite could hold the key to the energy transition with Alaska well-positioned to responsibly lead the way.
As China tightens its grip on global graphite, Alaska’s Graphite Creek could be a game-changing ace-up-the-sleeve for the United States, relieving reliance on a foreign government for this important element.
Did you know that more than 70% of the cobalt powering our electric vehicles is mined in the Democratic Republic of the Congo, with a significant portion under Chinese control? With its vast mineral deposits, Alaska could be a major player changing the dynamics of domestic mining production.
Alaska has significant mineral resources of copper, zinc, silver, gold, graphite, cobalt, and rare earth elements. These abundant reserves offer considerable potential to enhance U.S. mineral independence.