on Northern Dynasty Minerals Ltd. (NASDAQ:NAK)
Northern Dynasty Consents to 90-Day Abeyance for EPA Leadership Transition
Northern Dynasty Minerals Ltd. announced its agreement with the Environmental Protection Agency (EPA) and U.S. Army Corps of Engineers to pause ongoing litigation related to the Pebble Project for 90 days. This period allows new EPA leadership to review the case.
Ron Thiessen, Northern Dynasty's CEO, emphasized the importance of this time for the administration to become acquainted with the complexities of the project. He stated that Northern Dynasty views the EPA's previous mining veto on the Pebble deposit as inappropriate.
The company is optimistic about future engagement with the U.S. Corps of Engineers to renew discussions on the permit. The Pebble Project, located in Alaska, is considered a crucial copper deposit on American soil.
R. P.
Copyright © 2025 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all Northern Dynasty Minerals Ltd. news