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on Northern Dynasty Minerals Ltd. (NASDAQ:NAK)

Alaska Governor Seeks Trump Support for Permitting Simplification

Stock price chart of Northern Dynasty Minerals Ltd. (EBR:NAK) showing fluctuations.

Vancouver-based Northern Dynasty Minerals Ltd. announced that Alaska Governor Mike Dunleavy has sent a report to President-elect Donald Trump. The report, "Alaska Priorities for Federal Transition," urges Trump to issue an Alaska-specific Executive Order to reverse restrictive resource extraction policies by the previous administration. This request aims to simplify the permitting process for the Pebble Project in Alaska.

Key recommendations include modifications to the Clean Water Act regulations. Northern Dynasty supports these changes, highlighting their potential to streamline permitting and enhance oversight and regulatory processes. The company believes this move will secure critical metal supplies from Alaskan resources, benefiting the U.S.

Ron Thiessen, President and CEO of Northern Dynasty, emphasized that these recommendations would empower states to manage the permitting process and unlock significant mineral resources. The report seeks to reduce federal agency overreach and enhance state oversight.

R. E.

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