Northern Dynasty Engages in EPA Settlement Negotiations

Northern Dynasty Minerals Ltd. has announced ongoing negotiations with the Environmental Protection Agency (EPA) to explore a potential settlement. The aim is to reach an agreement within the next two weeks, according to a July 3 court filing. The discussions may lead to new submissions that could influence EPA's reconsideration of previous decisions.

Ron Thiessen, President and CEO, sees these discussions as a crucial step toward reversing the EPA veto. This withdrawal could secure domestic supplies of essential metals like copper, vital for electrification, and rhenium, used in military applications. The potential settlement could also alleviate permitting barriers, offering significant economic opportunities for Alaska and aligning with federal goals of reducing permitting impediments.