US EPA to block Pebble Mine copper/gold mine project in Alaska copper gold mining USA Alaska PebbleProject BristolBay environment
The US Environmental Protection Agency plans to take steps on Tuesday to block Northern Dynasty Minerals' proposed Pebble copper and gold mining project in Alaska by preventing the company from storing mine waste in the state's vast watershed.Biden's
administration against a proposed domestic source of copper, with officials increasingly calling for the protection of sensitive ecologies even if they contain metals needed for the green energy transition.
Vancouver, British Colombia-based Northern Dynasty said it will comment after it has seen the EPA's final determination.The EPA's move also would prevent future development of the Pebble deposit if this would cause the same or more harm to the environment as the existing mine plan. The project has been through a roller coaster of regulations for the past 15 years. Former US President ultimately did, too, after deciding it was too risky. Biden has long opposed the project and took steps upon taking office in 2021 to permanently protect Bristol Bay.
Environmentalists cheered the news. "We're thrilled to see the EPA fulfill it's commitment to the people of Alaska and to provide enduring protection for Bristol Bay, its economy, its salmon and its people from the dangerous and destructive Pebble Mine," saidShares of Northern Dynasty fell 1.5% to close at C$0.32 in Toronto.
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