Billionaire Paulson Sells Stake in Alaska-Focused Trilogy Metals

Billionaire hedge fund manager John Paulson has strategically exited his position in Trilogy Metals Inc., signaling a potential shift in the Alaska-focused mining landscape. After maintaining an 8.7% stake for over a decade, Paulson sold 14.3 million shares through his investment firm Paulson & Co. during the fourth quarter of 2025.

The divestment comes at a notably interesting time, as Trilogy Metals has recently secured critical US government backing, potentially indicating significant strategic value in the company's Alaska-based mineral projects.

For precious metals investors, Paulson's exit raises important questions about the company's near-term prospects and the broader strategic positioning in mining markets. While Paulson's sale might suggest reduced confidence, it could also represent a routine portfolio rebalancing strategy.

Trilogy Metals has been developing significant mineral resources in the Ambler Mining District of Alaska, with projects that could be pivotal for critical mineral supply chains. The company's recent government support suggests potential for future development, despite Paulson's strategic withdrawal.

Investors should carefully monitor Trilogy's ongoing projects and assess the potential long-term value proposition. The sale by a prominent investor like Paulson doesn't necessarily indicate fundamental problems, but rather could reflect evolving investment strategies in the complex metals exploration sector.