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Northern Dynasty Comments on Environmental Protection Agency's Statement on Future Actions Regarding Alaska's Pebble Project
VANCOUVER, BC / ACCESSWIRE / December 1, 2021 / Northern Dynasty Minerals Ltd. (TSX:NDM)(NYS...
About this update from Northern Dynasty Minerals Ltd.
[{"type":"text","content":"Northern Dynasty Comments on Environmental Protection Agency's Statement on Future Actions Regarding Alaska's Pebble ProjectVANCOUVER, BC / ACCESSWIRE / December 1, 2021 / Northern Dynasty Minerals Ltd. (TSX:NDM)(NYSE American:NAK) (\"Northern Dynasty\" or the \"Company\") comments on the November 17, 2021 press release by the U.S. Environmental Protection Agency (\"EPA\") in which the EPA extended the deadline to either withdraw the 2014 Proposed Determination or to prepare a Recommended Determination regarding the Pebble Project in Southwest Alaska.\"While it is not yet known what action, if any, the EPA will finally take, we are cautiously optimistic about their commitment to consider new information that has become available since the 2014 Proposed Determination and to make science-based decisions,\" said Ron Thiessen, President and CEO of Northern Dynasty. \"We do not know which new information they may use in their decision, but we believe that the strong administrative record of the overwhelmingly positive Final Environmental Impact Statement of 2020 that was prepared by the U.S. Army Corps of Engineers should be an important part of it.\"\"We are also pleased that the EPA has established a timetable for their review, with the recent extension through the end of May of 2022. This action suggests their intention is to comply with the regulations and not let the Proposed Determination languish, therefore attempting to regulate by inaction. We do caution, however, that we understand that the deadline can be extended further at the EPA's option,\" Mr. Thiessen added.In a statement communicated with media, the Pebble Limited Partnership wrote:\"The EPA's announcement that it wants to \"consider new information available\" essentially recognizes the fact that we submitted an actual detailed mine plan and initiated the NEPA review process with the U.S. Army Corps of Engineers. This resulted in the publication of an EIS for the Pebble Project that shows it can be developed without harm to the Bristol Bay fishery while providing substantial benefits to the communities closest to the project. It is also worth noting that the EPA did not have this significant volume of detailed technical information when it took unprecedented preemptive action against the project. We will work to ensure this is fully understood by the EPA especially...