sur Northern Dynasty Minerals Ltd. (NASDAQ:NAK)
Northern Dynasty Challenges Pebble Project Veto in Court
Northern Dynasty Minerals Ltd. has filed a Summary Judgement Brief in Alaska Federal Court against the veto impacting the Pebble Project. The filing, submitted on October 3, 2025, argues the veto should be withdrawn due to agency overreach. The brief highlights that the Environmental Protection Agency underestimated the economic impact of the veto on Alaska and the U.S.
The company claims the veto contradicts legislative mandates allowing mining on state land. They assert the EPA based its decision on unfounded speculations regarding environmental harm. Northern Dynasty's CEO, Ron Thiessen, emphasizes preferring a negotiated solution but remains firm in legal proceedings.
The court's schedule requires a government response by January 2, 2026, as the company objects to delays caused by a U.S. government shutdown starting October 1, 2025.
R. E.
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