Northern Dynasty provides update on negotiations with EPA

Northern Dynasty (NAK) Minerals is negotiating with the Environmental Protection Agency to explore a potential settlement. In the latest EPA court filing, dated July 3, 2025, the text includes “…agency officials were briefed on the litigation and have been actively considering the agency decisions. Agency officials remain open to reconsideration, and defendants and PLP are negotiating to explore a potential settlement. Those discussions have addressed a potential further submission from PLP that would inform any agency reconsideration. Defendants and PLP currently expect to reach agreement within the next two weeks about what that submission would entail…Accordingly, defendants and PLP respectfully request that the Court extend the abeyance for an additional 14 days, with a status report due on July 17, 2025…” “We are pleased to be in discussions with the EPA, because we see this as the fastest path forward for withdrawal of the veto. They have asked for additional information to assist in finalizing that decision,” said Ron Thiessen, CEO. “A decision to withdraw this egregious and unsubstantiated veto would help the U.S. to secure a domestic supply of metals like copper, which is critical for the economy because of its fundamental use in electrification, and rhenium, which is a key component in several military applications. It also provides the opportunity for significant economic benefits over generations in this region of Alaska, the state and the country and would be consistent with the stated pledge of this administration to remove impediments to permitting.”