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Gold/Mining/Energy : PolyMet Mining (PLM)

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From: Paul Lee11/17/2015 8:32:47 AM
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PolyMet Advances Toward Completion of Environmental Review

ST. PAUL, MINNESOTA--(Marketwired - Nov 17, 2015) - PolyMet Mining Corp. ( POM.TO)(NYSE MKT:PLM) today reported further advance toward completion of the NorthMet environmental review.



The NorthMet Final Environmental Impact Statement has now been published in the Minnesota Environmental Quality Board Monitor (November 9) and the Federal Register (November 13).

In a statement issued by the Minnesota Department of Natural Resources, Commissioner Tom Landwehr stated, "the Co-lead Agencies have brought the highest level of rigor and objectivity to the NorthMet environmental review." He continued, "our responsibility is to conduct a neutral evaluation based on information from the company, our own analysis, and the comments we receive. The process has been thoughtful, independent and thorough."

Under state law, the adequacy determination must be based on three criteria: whether the FEIS analyzes the topics identified in scoping, responds to comments received on the draft EIS, and whether the DNR followed the process established in state statute and rule for preparing an environmental impact statement.

On November 16 the U.S. Forest Service published its Draft Record of Decision recommending that the proposed land exchange in which PolyMet would receive surface rights in exchange for transferring land it currently owns to the Superior National Forest. The Draft ROD recognizes that the proposed land exchange would be beneficial to the National Forest.
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