Northern Dynasty Minerals Reported Two Alaska Native Village Corporations Sue to Stop EPA's Pebble Project Veto

Author: Benzinga Newsdesk | June 26, 2024 07:08am

Northern Dynasty Minerals Ltd. (TSX:NDM, NYSE:NAK) ("Northern Dynasty" or the "Company") reports thatIliamna Natives Limited ("INL") and Alaska Peninsula Corporation ("APC"), two Alaska Native Village corporations representing communities closest tothe Pebble Project ("Pebble"), have filed suit against the Environmental Protection Agency ("EPA") for exceeding its authority with the veto action againstPebble. John Shively, CEO of the Company's 100%-owned U.S.-based subsidiary Pebble Limited Partnership made the following statement regardingthe action: "The jobs, economic activity and revenue from Pebble would bring significant positive benefits to the communities closest to us, as represented by INLand APC in this lawsuit. From the beginning, the EPA has given little weight to the views expressed by these communities because it did not fit theirpredetermined narrative against the project.

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