JPMorgan Chase CEO Jamie Dimon has unveiled a sweeping 10-year, $1.5 trillion “Security and Resiliency Initiative” to rebuild America’s industrial base, from critical minerals to semiconductors and defense technology.

The plan includes up to $10 billion in direct investments to strengthen domestic supply chains and expand access to key materials like copper, cobalt, and rare earths, resources Alaska has in abundance.

For Alaska, this marks a bullish signal for resource development, aligning private capital with the state’s strategic mineral potential. As Dimon wrote in the Wall Street Journal Monday, America “no longer has the luxury of time,” and Alaska’s resource sector may be among the first to answer the call.

According to Nathaniel Herz at Northern Journal, the U.S. military is placing renewed focus on Alaska as twin threats from Russia and China reshape America’s defense priorities. Once seen as a remote outpost, Alaska is now viewed as the frontline of homeland defense and a launch point for projecting U.S. strength across the Pacific and Arctic.

This year’s Northern Edge and Arctic Edge exercises brought together more than 5,000 troops to train across the state, from Dutch Harbor to Nome to Anchorage, marking the first time the drills simulated conflict in Alaska itself. The shift highlights what top military leaders are calling the state’s “critical” role in any modern conflict scenario involving America’s great-power rivals.

Under the leadership of Governor Mike Dunleavy, Alaska has doubled down on its strategic value, not only as an energy powerhouse, but as the nation’s northern stronghold for defense and deterrence. Dunleavy’s commitment to infrastructure, resource development, and strong partnerships with federal and military leaders has ensured that Alaska remains ready to meet this moment.