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Northern Dynasty: Alaska Governor Asks Trump to Prioritize Alaska-Specific Executive Order to Simplify Permitting

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Northern Dynasty Minerals (TSX:NDM)(NYSE American:NAK) reports that Alaska Governor Mike Dunleavy has submitted a report to President-elect Trump requesting an Alaska-specific Executive Order to simplify resource extraction permitting. The report, titled 'Alaska Priorities for Federal Transition,' recommends simplifying Clean Water Act regulations in line with the Supreme Court Sackett decision, requiring State Approval for 404(c) vetoes, and modifying compensatory mitigation requirements for Alaska's unique characteristics.

Ron Thiessen, Northern Dynasty's CEO, expressed support for these recommendations, stating they would enhance the permitting process through unbiased science-based oversight and help achieve critical metals security from American/Alaskan sources. The proposals aim to empower state oversight of permitting on state lands and reduce federal agency overreach.

Northern Dynasty Minerals (TSX:NDM)(NYSE American:NAK) riporta che il Governatore dell'Alaska Mike Dunleavy ha presentato un rapporto al Presidente eletto Trump richiedendo un Ordine Esecutivo specifico per l'Alaska per semplificare il processo di autorizzazione all'estrazione delle risorse. Il rapporto, intitolato 'Priorità dell'Alaska per la Transizione Federale,' raccomanda di semplificare le normative del Clean Water Act in linea con la decisione della Corte Suprema Sackett, richiedendo l'approvazione statale per i veti 404(c), e modificando i requisiti per la mitigazione compensativa in base alle caratteristiche uniche dell'Alaska.

Ron Thiessen, CEO di Northern Dynasty, ha espresso supporto per queste raccomandazioni, affermando che migliorerebbero il processo di autorizzazione attraverso un controllo imparziale basato sulla scienza e aiuterebbero a garantire la sicurezza dei metalli critici dalle fonti americane/alaskane. Le proposte mirano a potenziare il controllo statale sull'autorizzazione delle operazioni nei terreni statali e ridurre l'eccessivo intervento delle agenzie federali.

Northern Dynasty Minerals (TSX:NDM)(NYSE American:NAK) informa que el Gobernador de Alaska, Mike Dunleavy, ha presentado un informe al Presidente electo Trump solicitando una Orden Ejecutiva específica para Alaska que simplifique la autorización de extracción de recursos. El informe, titulado 'Prioridades de Alaska para la Transición Federal,' recomienda simplificar las regulaciones de la Ley de Agua Limpia de acuerdo con la decisión de la Corte Suprema Sackett, requiriendo la aprobación estatal para los vetos 404(c), y modificando los requisitos de mitigación compensatoria para las características únicas de Alaska.

Ron Thiessen, CEO de Northern Dynasty, expresó su apoyo a estas recomendaciones, afirmando que mejorarían el proceso de autorización a través de una supervisión imparcial basada en la ciencia y ayudarían a lograr la seguridad de metales críticos de fuentes estadounidenses/alaskanas. Las propuestas tienen como objetivo empoderar la supervisión estatal sobre las autorizaciones en tierras estatales y reducir la intervención excesiva de las agencias federales.

노던 다이너스티 미네럴스(Northern Dynasty Minerals) (TSX:NDM)(NYSE American:NAK)는 알래스카 주지사 마이크 던레비가 트럼프 당선인에게 자원 추출 허가 절차 간소화를 요청하는 알래스카 전용 행정명령 보고서를 제출했다고 발표했습니다. 이 보고서는 '연방 전환을 위한 알래스카 우선사항'이라는 제목으로, 청결한 수자원법(Clean Water Act) 규정을 간소화하고, 404(c) 거부권에 대해 주 승인을 요구하며, 알래스카의 독특한 특성에 맞춘 보상 완화 요구사항을 수정할 것을 권장합니다.

노던 다이너스티의 CEO인 론 티센(Ron Thiessen)은 이러한 권장사항에 대한 지지를 표명하며, 이는 편견 없는 과학 기반의 감독을 통해 허가 절차를 개선하고, 미국/알래스카 소스에서 중요한 금속 보안을 달성하는 데 도움을 줄 것이라고 밝혔습니다. 이 제안들은 주 토지에 대한 허가의 주 감사를 강화하고 연방 기관의 과도한 개입을 줄이는 것을 목표로 하고 있습니다.

Northern Dynasty Minerals (TSX:NDM)(NYSE American:NAK) annonce que le gouverneur de l'Alaska, Mike Dunleavy, a soumis un rapport au président élu Trump, demandant un ordre exécutif spécifique à l'Alaska pour simplifier l'octroi des permis d'extraction des ressources. Le rapport, intitulé 'Priorités de l'Alaska pour la transition fédérale,' recommande de simplifier les réglementations de la Loi sur l'eau propre conformément à la décision de la Cour suprême Sackett, exigeant l'approbation de l'État pour les vides 404(c), et de modifier les exigences de réduction compensatoire en fonction des caractéristiques uniques de l'Alaska.

Ron Thiessen, PDG de Northern Dynasty, a exprimé son soutien à ces recommandations, déclarant qu'elles amélioreraient le processus d'octroi de permis grâce à une supervision impartiale basée sur la science et contribueraient à assurer la sécurité des métaux critiques provenant de sources américaines/alaskaines. Les propositions visent à renforcer la supervision des permis par l'État sur les terres de l'État et à réduire les intrusions excessives des agences fédérales.

Northern Dynasty Minerals (TSX:NDM)(NYSE American:NAK) berichtet, dass der Gouverneur von Alaska, Mike Dunleavy, einen Bericht an den gewählten Präsidenten Trump eingereicht hat, in dem er eine Alaska-spezifische Exekutive Anordnung zur Vereinfachung des Genehmigungsprozesses für die Ressourcengewinnung beantragt. Der Bericht mit dem Titel 'Alaska-Prioritäten für den Bundesübergang' empfiehlt, die Vorschriften des Clean Water Act zu vereinfachen im Einklang mit dem Urteil des Obersten Gerichtshofs Sackett, die Zustimmung des Staates für 404(c)-Vetos zu verlangen und die Anforderungen an die komplementäre Minderung für die einzigartigen Eigenschaften Alaskas zu ändern.

Ron Thiessen, CEO von Northern Dynasty, äußerte seine Unterstützung für diese Empfehlungen und erklärte, dass sie den Genehmigungsprozess durch unparteiische, wissenschaftlich fundierte Aufsicht verbessern und dazu beitragen würden, die Sicherheit kritischer Metalle aus amerikanischen/alaskischen Quellen zu gewährleisten. Die Vorschläge zielen darauf ab, die staatliche Aufsicht über Genehmigungen auf Staatsland zu stärken und die Übergriffe von Bundesbehörden zu reduzieren.

Positive
  • Potential simplification of permitting process through proposed Executive Order
  • Possible reduction in regulatory barriers for resource extraction
  • Potential increased state control over permitting on state lands
Negative
  • Uncertainty in implementation as proposals are still pending
  • Dependence on political decisions for regulatory changes
  • No immediate impact on current operations or permitting status

Insights

The Governor's request for an Alaska-specific Executive Order represents a complex intersection of environmental law, state rights and resource development policy. The focus on modifying Clean Water Act regulations and the Sackett decision implementation could significantly alter the regulatory landscape for mining projects in Alaska. However, several critical hurdles exist: Presidential Executive Orders can be easily reversed by subsequent administrations and any substantial changes to Clean Water Act implementation would likely face legal challenges from environmental groups.

The proposal to require State Approval for 404(c) vetoes is particularly noteworthy, as it would shift considerable power from federal to state authorities. This could streamline permitting but may create jurisdictional conflicts with federal environmental protection mandates. The compensatory mitigation requirements modification, while potentially beneficial for Alaskan projects, must still align with federal environmental standards and judicial precedents.

From a regulatory perspective, these proposed changes, even if implemented, would need to survive legal scrutiny and potential challenges under the Administrative Procedure Act. The practical impact on Northern Dynasty's permitting prospects remains speculative at best.

The timing and substance of this regulatory push deserve careful scrutiny. While the proposal aims to streamline permitting processes, its actual impact on Northern Dynasty's Pebble Project faces significant uncertainty. The focus on critical minerals aligns with broader national security interests, but the practical implementation of these proposed changes would require extensive regulatory rewrites and face potential legal challenges.

The request to modify compensatory mitigation requirements for Alaska's unique characteristics could potentially reduce project costs and simplify compliance, but the economic benefit remains theoretical without specific implementation details. The emphasis on state oversight of permitting processes on state lands could accelerate project timelines, but federal oversight will remain a important factor.

Looking beyond the immediate implications, this regulatory initiative reflects broader tensions between resource development and environmental protection in Alaska. However, the market should view this development cautiously, as similar past attempts at regulatory reform have faced significant implementation challenges and legal opposition.

VANCOUVER, BC / ACCESSWIRE / December 20, 2024 / Northern Dynasty Minerals Ltd. (TSX:NDM)(NYSE American:NAK) ("Northern Dynasty" or the "Company") and 100%-owned U.S.-based subsidiary Pebble Limited Partnership ("Pebble Partnership" or "PLP") advise that Alaska Governor Mike Dunleavy recently sent a report entitled "Alaska Priorities for Federal Transition" to President-elect Donald Trump along with a letter, asking that the President-elect issue an Alaska-specific Executive Order on his first day in office reversing several unfriendly resource extraction initiatives put in place by the Biden Administration.

Included in the document are many recommendations including, but not limited to, simplification of the Clean Water Act regulations consistent with the Supreme Court Sackett decision on the definition of Waters of the United States, the requirement for State Approval for 404 (c) vetoes under certain conditions, and that changes be made to compensatory mitigation requirements to account for Alaska's unique characteristics.

"We would like to say we are in agreement with all of the Governor's requests as they will enhance the permitting process, which will allow an unbiased science and fact-based regulatory oversight and process, helping the U.S. to achieve security of supply of critical metals from American/Alaskan sources. In particular, we see that a number of the requests relate to the Clean Water Act regulations as set out above (Sacket decision), and to several of the findings and directions within the Remand Order issued by US Army Corps of Engineers Administrative Appeal of our Record of Decision denial," said Ron Thiessen, Northern Dynasty President and CEO. "The recommendations would empower the State's right to direct and oversee the permitting process, particularly on State lands, reduce agency overreach and duplication of work among federal agencies, simplify the permitting process and help unlock the State's vast critical mineral potential for the benefit of all Americans."

The full report can be found at the following link: https://gov.alaska.gov/dunleavy-administration-submits-transition-report-to-trump-transition-hq/.

About Northern Dynasty Minerals Ltd.
Northern Dynasty is a mineral exploration and development company based in Vancouver, Canada. Northern Dynasty's principal asset, owned through its wholly owned Alaska-based U.S. subsidiary, Pebble Limited Partnership, is a 100% interest in a contiguous block of 1,840 mineral claims in Southwest Alaska, including the Pebble deposit, located 200 miles from Anchorage and 125 miles from Bristol Bay. The Pebble Partnership is the proponent of the Pebble Project.

For further details on Northern Dynasty and the Pebble Project, please visit the Company's website at www.northerndynastyminerals.com or contact Investor services at (604) 684-6365 or within North America at 1- 800-667-2114. Public filings, which include forward-looking information cautionary language and risk factor disclosure regarding the Company and the Pebble Project can be found in Canada at www.sedarplus.ca and in the United States at www.sec.gov.

Ronald W. Thiessen
President & CEO

U.S. Media Contact:
Dan Gagnier, Gagnier Communications (646) 569-5897

Forward-Looking Information and other Cautionary Factors
This release includes certain statements that may be deemed "forward-looking statements" under the United States Private Securities Litigation Reform Act of 1995 and under applicable provisions of Canadian provincial securities laws. All statements in this release, other than statements of historical facts, which address permitting, development and production for the Pebble Project are forward-looking statements.

Forward-looking statements are necessarily based upon a number of factors and assumptions that, while considered reasonable by NDM as of the date of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies and such statements should not be in any way be construed as guarantees that the Pebble Project will secure all required government permits, establish the commercial feasibility of the Pebble Project, achieve the required financing or develop the Pebble Project.

For more information on the Company, Investors should review the Company's filings with the United States Securities and Exchange Commission at www.sec.gov and its home jurisdiction filings that are available at www.sedarplus.ca.

SOURCE: Northern Dynasty Minerals Ltd.



View the original press release on accesswire.com

FAQ

What changes to Clean Water Act regulations is Alaska requesting for NAK's benefit?

Alaska is requesting simplification of Clean Water Act regulations consistent with the Supreme Court Sackett decision, requiring State Approval for 404(c) vetoes, and modifications to compensatory mitigation requirements specific to Alaska's characteristics.

How would the proposed Executive Order affect Northern Dynasty's (NAK) permitting process?

The Executive Order would potentially simplify the permitting process, reduce agency overreach, and give Alaska more control over permitting on state lands, potentially benefiting NAK's development projects.

What is Governor Dunleavy requesting from Trump regarding NAK's operations in Alaska?

Governor Dunleavy is requesting an Alaska-specific Executive Order to reverse Biden Administration resource extraction initiatives and simplify permitting processes for companies like NAK.

How might the proposed regulatory changes impact NAK's future development plans?

The changes could streamline permitting processes, reduce regulatory barriers, and facilitate easier development of NAK's projects through unbiased science-based oversight and reduced federal agency involvement.

Northern Dynasty Minerals, Ltd.

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