Northern Dynasty in settlement talks with EPA over Pebble veto
Vancouver-based Northern Dynasty Minerals and its US subsidiary Pebble Limited Partnership (PLP) are in negotiations with the US Environmental Protection Agency (EPA) to explore a possible settlement regarding the agency’s veto of the Pebble project in Alaska.
Citing an EPA court filing, dated July 3, Northern Dynasty said that agency officials had been briefed on the litigation and that they had been “actively considering the agency decisions”.
“Agency officials remain open to reconsideration, and defendants and PLP are negotiating to explore a potential settlement,” the court filing stated, according to a Northern Dynasty press release.
The filing added that the discussions involve a new submission from PLP that could inform a reconsideration of the EPA’s prior decision.
The filing also states: “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.”
Northern Dynasty president and CEO Ron Thiessen welcomed the development. “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 finalising that decision.”
Thiessen further said that a decision to withdraw the veto would help the US to secure a domestic supply of metals such as copper and rhenium, while providing an opportunity for economic benefits for the region.
The Pebble deposit, near Bristol Bay, is considered one of the biggest undeveloped copper/gold/molybdenum resources in the world, but its development has faced significant legal hurdles over environmental concerns.
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