on Northern Dynasty Minerals Ltd. (NASDAQ:NAK)
Northern Dynasty Responds to DOJ Brief Over Pebble Project Veto
On February 19, 2026, Northern Dynasty Minerals Ltd. and its U.S. subsidiary, Pebble Limited Partnership, addressed the recent Department of Justice brief filed in Alaska Federal Court. The contentious issue revolves around a veto impacting the Pebble Project in Southwest Alaska, a vast mineral deposit potentially at risk due to environmental considerations.
Ron Thiessen, CEO of Northern Dynasty, expressed confidence in their legal stance, arguing the veto lacks merit according to findings in the Final Environmental Impact Statement. Thiessen criticized the DOJ brief for echoing previous arguments and conflicting with established environmental impact findings.
With a response due by April 15, the company aims to refute perceived flaws in the DOJ's arguments. They are simultaneously pursuing settlement options with the Environmental Protection Agency while preparing for a swift court decision that could determine the veto's validity.
R. E.
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