The Nikolai and Graphite One mining projects are still under exploration, yet their respective owners are making progress in finding suppliers and partners interested in strengthening the supply of materials needed for the energy transition.
Three newspapers, three radio stations, and a nonprofit support coalition receive $100,000 each from the first grant distribution by Press Forward, a national philanthropic network for journalism.
A $4.5 million federal grant to Sitnasuak Native Corporation improves energy resilience in Nome by building new fuel storage tanks.
Nome-based Sitnasuak Native Corporation appointed Matt Thorpe, former COO of Afognak Native Corporation, as its Chief Operations Officer, Corporate Development.
Although the richest opportunities for Alaska Native corporations have come from government contracting, construction, or other little-seen services, some familiar customer-facing brands are also under Native ownership.
A State Small Business Credit Initiative backed by more than $83 million will drive private-sector development in rural and Alaska Native-owned businesses.
The crew sent to fix the Quintillion undersea cable encountered ice, difficult currents, and a food shortage in its effort to fix the link.
The board of directors of Bering Straits Native Corporation approved a $2 million investment in Graphite One to complete a feasibility study for a mine near Nome.
Northrim Bank cut the ribbon on permanent offices for its financial center in Nome, after serving customers from a temporary location since December in the aftermath of typhoon Merbok.
The US Department of Agriculture awarded two grants totaling $70 million to Fastwyre Broadband, formerly TelAlaska, while GCI subsidiary Unicom is working with $9 million secured under the New Markets Tax Credit.