The Australian mining company South32 Ltd. is optimistic that the new administration under Donald Trump will grant access to the copper-rich region in northwestern Alaska, where it holds exploitation rights.

South32 Ltd. is optimistic the incoming Trump administration will open up access to a copper-rich region in northwest Alaska, where the Australian miner has development rights.Most Read from BloombergBrace for a Nationwide Shuffle of Corporate HeadquartersCloud Computing Tax Threatens Chicago’s Silicon Valley DreamSan Francisco,

Approval of Ambler Mining District road would allow South32 and Trilogy Metals to mine high-grade copper from their assets.

The Australian mining company South32 Ltd. hopes that Donald Trump's new administration will grant access to the copper-rich region in northwestern Alaska, where it has acquired exploitation rights. A decision from the Department of the Interior halted operations.