Northern Dynasty: Economic Contribution Assessment Study for Alaska's Pebble Project Shows Project Could Support Thousands of Jobs and Billions of Dollars of Economic Impact Annually While Reducing the Need for the U.S. to Import Copper to Meet its Green Energy Goals

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[{"type":"text","content":"Northern Dynasty: Economic Contribution Assessment Study for Alaska's Pebble Project Shows Project Could Support Thousands of Jobs and Billions of Dollars of Economic Impact Annually While Reducing the Need for the U.S. to Import Copper to Meet its Green Energy GoalsVANCOUVER, BC / ACCESSWIRE / February 28, 2022 / Northern Dynasty Minerals Ltd. (TSX:NDM)(NYSE American:NAK) (\"Northern Dynasty\" or the \"Company\") announces it has released a comprehensive study authored by IHS Markit, a leading global source of critical information and insight, entitled ‘Economic Contribution Assessment of the Proposed Pebble Project to the US national and state economies.' Commissioned by the Company, the IHS Markit report is an independent expert study that provides a detailed review of the significant economic benefits the proposed Pebble Project would have both nationally and at the state level, particularly for Alaskans. The report focuses on two potential scenarios - the Proposed Project and the Production Year 5 Potential Expansion with Gold Plant scenario[1] - consistent with those presented in the Company's Preliminary Economic Assessment (the \"2021 PEA\"), the results of which were first published on September 9, 2021. More information on the Economic Contribution Assessment study can be found on the Company's website at the following link (https://www.northerndynastyminerals.com/responsible-mining/economic-benefits/). All currency values are presented in U.S. dollars.\"We believe that the Pebble Project would have a significant impact on the economic prosperity of Alaska, resulting from direct high paying jobs, significant purchases of equipment and supplies, and substantial government revenues and supply and service contracts,\" said Mr. Ron Thiessen, Northern Dynasty President and CEO. \"But what is also clear is that renewable energy systems utilize roughly five to nine times more copper than conventional power generation systems, and electric vehicles require three to four times as much as internal combustion engine vehicles. The Pebble Project could help the U.S. reduce its dependence on imports of copper metal as demand surges during the transition from an oil-based economy to electricity.\"\"It's also important to remember that the benefits of the Pebble Project are in addition to the fishing, sport fishing and tourism ...

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