Northern Dynasty Minerals (TSE:NDM) has released an update.
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Northern Dynasty Minerals Ltd. has initiated two federal court actions challenging the U.S. government’s prevention of its Pebble Project mine development. The first aims to overturn the EPA’s veto, which the company deems unlawful, citing a breach of federal statutes and misinterpretation of jurisdiction. The second action is a claim against the government for an unconstitutional ‘taking’ of property, seeking future compensation if their project continues to be blocked.
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