Alaska Natives sue EPA over Pebble mine veto, Northern Dynasty says
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 26 2024
0mins
Source: reuters
- Northern Dynasty Minerals Lawsuit: Two Alaska native village corporations sued the EPA for vetoing the proposed Pebble mine, alleging the EPA exceeded its authority.
- Previous Lawsuit: In March, Northern Dynasty Minerals filed a lawsuit against the EPA's decision to prohibit mining waste discharge in Alaska's Bristol Bay.
- Opposition and Concerns: CEO of the Pebble project criticized opponents for not providing alternatives to improve the local economy, while the EPA expressed concerns about wetland destruction.
- EPA Response: The EPA stated that the Pebble mine project could permanently destroy over 2,000 acres of protected wetlands under the Clean Water Act.
- Project Status: Despite lengthy approval processes, construction of the Pebble mine, aiming to tap into large copper and gold deposits, has not yet begun.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
