Northern Dynasty: EPA initiates process to withdraw its Proposed Determination

Northern Dynasty Minerals Ltd. (TSX: NDM; NYSE MKT: NAK) (“Northern Dynasty” or the “Company”) reports that the US Environmental Protection Agency (“EPA”) has begun a process to withdraw a Proposed Determination it issued under the Clean Water Act (“CWA”) in 2014 that would have restricted development of the Pebble Project in southwest Alaska (see https://www.epa.gov/bristolbay).
As quoted in the press release:

“The current administration at EPA is closely focused on enforcing environmental standards and permitting requirements for major development projects like Pebble in a way that is both rigorous and robust, but also consistent in order to provide predictability and an even-playing field for all resource developers,” said Pebble Partnership CEO Tom Collier. “It’s an approach all Alaskans and all Americans should support, because it has the benefit of maintaining the high standards for environmental protection for which the state and country are known, while attracting investment in projects that create high-wage jobs and other much-needed economic benefits in our country.”

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