REPEAT FROM SOURCE: Northern Dynasty: Update on Negotiations with EPA
Northern Dynasty Minerals (NYSE:NAK) announced ongoing negotiations with the Environmental Protection Agency (EPA) regarding a potential settlement to reconsider the Pebble Mine veto. According to a July 3, 2025 EPA court filing, both parties are expected to reach an agreement within two weeks about additional information submissions, with a status report due on July 17, 2025.
CEO Ron Thiessen expressed optimism about the discussions, viewing them as the fastest path toward veto withdrawal. The company emphasizes that removing the veto would support U.S. domestic supply of critical metals like copper and rhenium, essential for electrification and military applications, while potentially generating long-term economic benefits for Alaska and the nation.
Northern Dynasty Minerals (NYSE:NAK) ha annunciato trattative in corso con l'Agenzia per la Protezione Ambientale (EPA) riguardo a un possibile accordo per riconsiderare il veto sulla miniera di Pebble. Secondo un documento presentato in tribunale dall'EPA il 3 luglio 2025, entrambe le parti dovrebbero raggiungere un'intesa entro due settimane sulle ulteriori informazioni da fornire, con una relazione sullo stato dei lavori prevista per il 17 luglio 2025.
Il CEO Ron Thiessen si è detto ottimista riguardo alle discussioni, considerandole il percorso più rapido per la revoca del veto. L'azienda sottolinea che l'eliminazione del veto favorirebbe la fornitura nazionale di metalli critici come rame e renio, fondamentali per l'elettrificazione e applicazioni militari, oltre a poter generare benefici economici a lungo termine per l'Alaska e per l'intero paese.
Northern Dynasty Minerals (NYSE:NAK) anunció que continúa negociando con la Agencia de Protección Ambiental (EPA) un posible acuerdo para reconsiderar el veto a la mina Pebble. Según un documento judicial presentado por la EPA el 3 de julio de 2025, ambas partes esperan llegar a un acuerdo en dos semanas sobre la entrega de información adicional, con un informe de estado previsto para el 17 de julio de 2025.
El CEO Ron Thiessen expresó optimismo sobre las conversaciones, viéndolas como el camino más rápido para retirar el veto. La compañía enfatiza que eliminar el veto apoyaría el suministro nacional de metales críticos como el cobre y el renio, esenciales para la electrificación y aplicaciones militares, además de generar potenciales beneficios económicos a largo plazo para Alaska y el país.
Northern Dynasty Minerals (NYSE:NAK)는 환경보호청(EPA)과 페블 광산 거부권 재검토를 위한 잠정 합의에 대해 계속 협상 중이라고 발표했습니다. 2025년 7월 3일 EPA 법원 제출 문서에 따르면 양측은 추가 정보 제출에 관한 합의를 2주 내에 도달할 것으로 예상하며, 2025년 7월 17일에 상태 보고서를 제출할 예정입니다.
CEO 론 티센은 이번 협상을 낙관적으로 보고 있으며, 이를 거부권 철회에 이르는 가장 빠른 경로로 평가하고 있습니다. 회사는 거부권 철회가 전기화 및 군사 응용에 필수적인 구리와 레늄 같은 핵심 금속의 미국 내 공급을 지원하며, 알래스카와 국가에 장기적인 경제적 이익을 가져올 수 있다고 강조합니다.
Northern Dynasty Minerals (NYSE:NAK) a annoncé qu'il poursuit des négociations avec l'Agence de Protection de l'Environnement (EPA) concernant un éventuel accord pour reconsidérer le veto sur la mine de Pebble. Selon un dépôt au tribunal de l'EPA daté du 3 juillet 2025, les deux parties devraient parvenir à un accord dans les deux semaines concernant la soumission d'informations supplémentaires, avec un rapport d'étape attendu pour le 17 juillet 2025.
Le PDG Ron Thiessen s'est montré optimiste quant aux discussions, les considérant comme la voie la plus rapide vers le retrait du veto. L'entreprise souligne que lever ce veto soutiendrait l'approvisionnement national en métaux critiques tels que le cuivre et le rhénium, essentiels à l'électrification et aux applications militaires, tout en générant potentiellement des bénéfices économiques à long terme pour l'Alaska et le pays.
Northern Dynasty Minerals (NYSE:NAK) gab bekannt, dass Verhandlungen mit der Umweltschutzbehörde (EPA) über eine mögliche Einigung zur Neubewertung des Pebble-Minen-Vetos andauern. Laut einer EPA-Gerichtseinreichung vom 3. Juli 2025 sollen beide Parteien innerhalb von zwei Wochen eine Vereinbarung über zusätzliche Informationsübermittlungen treffen, mit einem Statusbericht, der am 17. Juli 2025 fällig ist.
CEO Ron Thiessen zeigte sich optimistisch bezüglich der Gespräche und sieht darin den schnellsten Weg zur Aufhebung des Vetos. Das Unternehmen betont, dass die Aufhebung des Vetos die heimische Versorgung mit kritischen Metallen wie Kupfer und Rhenium unterstützen würde, die für Elektrifizierung und militärische Anwendungen unerlässlich sind, und gleichzeitig langfristige wirtschaftliche Vorteile für Alaska und das Land bringen könnte.
- EPA's openness to reconsider the Pebble Mine veto through active negotiations
- Potential agreement timeline established with EPA for next steps
- Possible pathway to unlock domestic copper and rhenium resources
- Final outcome of EPA negotiations remains uncertain
- Additional information submission requirements could delay the process
- Current veto remains in effect until potential withdrawal
Insights
Northern Dynasty making progress in EPA negotiations that could potentially lift mining veto, though outcome remains uncertain.
This update from Northern Dynasty represents a potentially significant regulatory development in the long-running saga of the controversial Pebble Mine project. The company has disclosed ongoing settlement negotiations with the EPA that could lead to a reconsideration of the agency's veto decision that has blocked the project.
The court filing details suggest these discussions have advanced to a substantive stage, with the EPA requesting additional information from Pebble Limited Partnership to inform potential reconsideration. Both parties have requested a 14-day extension of the current legal abeyance, with a status report due July 17, indicating a structured timeframe for these negotiations.
What's particularly notable is the specific language used in the court filing: the EPA is "actively considering" its previous decisions and remains "open to reconsideration." This represents a significant shift in posture from what has historically been strong regulatory resistance to this project.
However, investors should recognize this represents only a preliminary step. The EPA has not committed to withdrawing the veto, only to considering additional information. The Pebble Mine project has faced multiple regulatory obstacles over many years, with significant environmental concerns serving as the basis for previous rejections. While Northern Dynasty's CEO frames the veto as "egregious and unsubstantiated," the EPA's previous determinations were based on potential risks to Bristol Bay's watershed and salmon fisheries.
These negotiations signal a potential regulatory inflection point, but any actual path to project approval would still involve comprehensive environmental review processes even if the current veto were lifted.
VANCOUVER, BC / ACCESS Newswire / July 7, 2025 / Northern Dynasty Minerals Ltd. (TSX:NDM)(NYSE American:NAK) ("Northern Dynasty" or the "Company") and its
In the latest EPA court filing, dated July 3, 2025, the text includes "…agency officials were briefed on the litigation and have been actively considering the agency decisions. Agency officials remain open to reconsideration, and defendants and PLP are negotiating to explore a potential settlement. Those discussions have addressed a potential further submission from PLP that would inform any agency reconsideration. Defendants and PLP currently expect to reach agreement within the next two weeks about what that submission would entail…Accordingly, defendants and PLP respectfully request that the Court extend the abeyance for an additional 14 days, with a status report due on July 17, 2025…"
"We are pleased to be in discussions with the EPA, because we see this as the fastest path forward for withdrawal of the veto. They have asked for additional information to assist in finalizing that decision," said Ron Thiessen, Northern Dynasty President and CEO. "A decision to withdraw this egregious and unsubstantiated veto would help the U.S. to secure a domestic supply of metals like copper, which is critical for the economy because of its fundamental use in electrification, and rhenium, which is a key component in several military applications. It also provides the opportunity for significant economic benefits over generations in this region of Alaska, the state and the country and would be consistent with the stated pledge of this administration to remove impediments to permitting."
About Northern Dynasty Minerals Ltd.
Northern Dynasty is a mineral exploration and development company based in Vancouver, Canada. Northern Dynasty's principal asset, owned through its wholly owned Alaska-based U.S. subsidiary, Pebble Limited Partnership, is a
For further details on Northern Dynasty and the Pebble Project, please visit the Company's website at www.northerndynastyminerals.com or contact Investor services at (604) 684-6365 or within North America at 1-800-667-2114. Public filings, which include forward looking information cautionary language and risk factor disclosure regarding the Company and the Pebble Project can be found in Canada at www.sedarplus.ca and in the United States at www.sec.gov.
Ronald W. Thiessen
President & CEO
U.S. Media Contact:
Dan Gagnier, Gagnier Communications (646) 569-5897
Forward Looking Information and other Cautionary Factors
This document includes certain statements that may be deemed "forward-looking statements" under the United States Private Securities Litigation Reform Act of 1995 and under applicable provisions of Canadian provincial securities laws. All statements in this document, other than statements of historical facts, which address permitting, including the withdrawal of the EPA veto and the development and production for the Pebble Project are forward-looking statements. Additional forward looking statements made by the Company under its continuous disclosure obligations include statements regarding (i) the development plan for the Pebble Project (ii) the right-sizing and de-risking of the Pebble Project, (iii) the design and operating parameters for the Pebble Project development plan, including projected capital and operating costs, (iv) the social integration of the Pebble Project into the Bristol Bay region and benefits for Alaska, (v) the political and public support for the permitting process, (vi) the ability of the Pebble Project to ultimately secure all required federal and state permits, (vii) the ability of the Company and/or the State of Alaska to challenge the Environmental Protection Agency's ("EPA's") Final Determination process under the Clean Water Act and ultimately the U.S. Army Corps of Engineers Record of Decision ("USACE ROD") through legal actions; (viii) exploration potential of the Pebble Project, (ix) future demand for copper, gold and other metals, (x) if permitting is ultimately secured, the ability to demonstrate the Pebble Project is ultimately commercially viable, and (xi) the potential addition of partners in the Pebble Project. Although NDM believes the expectations expressed in these forward-looking statements are based on reasonable assumptions, such statements should not be in any way be construed as guarantees that the Pebble Project will secure all required government permits or regarding the ability of NDM to develop the Pebble Project in light of the USACE ROD and its subsequent remand decision and the EPA's Final Determination, establish the commercial feasibility of the Pebble Project, achieve the required financing or develop the Pebble Project.
Forward-looking statements are necessarily based upon a number of factors and assumptions that, while considered reasonable by NDM as of the date of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Assumptions used by NDM to develop forward-looking statements include the assumptions that (i) the Pebble Project will obtain all required environmental and other permits and all land use and other licenses without undue delay, (ii) any feasibility studies prepared for the development of the Pebble Project will be positive, (iii) NDM's estimates of mineral resources will not change, and NDM will be successful in converting mineral resources to mineral reserves, (iv) NDM will be able to establish the commercial feasibility of the Pebble Project, and (v) NDM will be successful in its legal action against the EPA and the USACE and any action taken by the EPA in connection with the Final Determination will ultimately not be successful in restricting or prohibiting development of the Pebble Project.
In addition, the likelihood of future mining at the Pebble Project is subject to a large number of risks and will require achievement of a number of technical, economic and legal objectives, including (i) the current development plan may not reflect the ultimate mine plan for the Pebble Project, (ii) obtaining necessary mining and construction permits, licenses and approvals without undue delay, including without delay due to third party opposition or changes in government policies, (iii) finalization of the mine plan for the Pebble Project, (iv) the completion of feasibility studies demonstrating that any Pebble Project mineral resources that can be economically mined, (v) completion of all necessary engineering for mining and processing facilities, (vi) the ability of NDM to secure a partner for the development of the Pebble Project, and (vi) receipt by NDM of significant additional financing to fund these objectives as well as funding mine construction. NDM is also subject to the specific risks inherent in the mining business as well as general economic and business conditions. Investors should also consider the risk factors identified in the Company's Annual Information Form for the year ended December 31, 2024, as filed on SEDAR+ (www.sedarplus.ca) and included in its annual report on Form 40-F filed on EDGAR (www.sec.gov), as well as the risk factors set out in the Company's subsequent public continuous disclosure filings available on SEDAR+ and EDGAR. For more information on the Company, Investors should review the Company's filings with the United States Securities and Exchange Commission at www.sec.gov and its home jurisdiction filings that are available at www.sedarplus.ca.
The National Environment Policy Act Environmental Impact Statement process requires a comprehensive "alternatives assessment" be undertaken to consider a broad range of development alternatives, the final project design and operating parameters for the Pebble Project and associated infrastructure may vary significantly from that currently contemplated. As a result, the Company will continue to consider various development options and no final project design has been selected at this time.
SOURCE: Northern Dynasty Minerals Ltd.
View the original press release on ACCESS Newswire
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