on Northern Dynasty Minerals Ltd. (NASDAQ:NAK)
Northern Dynasty Seeks Summary Judgment in Legal Battle
Vancouver-based Northern Dynasty Minerals Ltd. announced a legal step to push forward the case regarding the Biden Administration's veto on its Pebble Project in Alaska. The company and its subsidiary, Pebble Limited Partnership, have requested a summary judgment briefing schedule in a Federal District Court in Alaska. They aim for a swift resolution on the question of the veto's legality.
CEO Ron Thiessen highlighted ongoing but unsuccessful discussions with the Environmental Protection Agency (EPA) as the rationale for the motion. The veto concerns the Pebble Project, a significant undeveloped copper resource in Southwest Alaska, crucial for the U.S. to bolster its critical metals supply. Northern Dynasty remains hopeful that the court will rule in its favor, considering the veto unlawful.
R. E.
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