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sur Northern Dynasty Minerals Ltd. (NASDAQ:NAK)

Northern Dynasty Challenges DOJ Brief on Pebble Project Veto

Northern Dynasty Minerals Ltd., along with its subsidiary Pebble Limited Partnership, has filed a response to the Department of Justice's brief supporting the U.S. Environmental Protection Agency's veto of the Pebble Project in Alaska. The response, submitted to the Alaska Federal Court, argues that the DOJ's conclusions are flawed and contradict the Final Environmental Impact Statement prepared by AECOM. Northern Dynasty asserts that the veto is illegal and undermines potential economic benefits projected by the Pebble Project.

Ron Thiessen, Northern Dynasty's CEO, expressed confidence that the court would side with the company, labeling the EPA's actions as "arbitrary and capricious." The company challenges the economic assessment that ignores the project's potential to generate significant economic activity and benefits for Alaska and the U.S. Northern Dynasty also warns of broader implications for future development projects nationwide if the precedent is upheld.

R. P.

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