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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 385.99+1.6%Nov 12 4:00 PM EST

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To: Snowshoe who wrote (163602)10/12/2020 12:18:04 PM
From: TobagoJack  Read Replies (1) of 217740
 
Looks like Rhenium is the magic word

finance.yahoo.com


finance.yahoo.com

Northern Dynasty Welcomes US Government Action to Address Critical Mineral Supply Chain Vulnerabilities

ACCESSWIRE
While Northern Dynasty does not expect any US government financial support or regulatory assistance with respect to the advancement of its 100%-owned Pebble copper-gold-molybdenum-silver-rhenium project in Alaska, President & CEO Ron Thiessen said recent pronouncements from the Trump Administration underline the importance of developing domestic sources of strategic metals. He said the Pebble Project can help address many of the critical mineral supply vulnerabilities outlined in the President's recent order.

"We are excited to be advancing Pebble through federal permitting at a time when the US is focusing its attention on promoting the domestic production of important metals," Thiessen said. "Once in production, Pebble will significantly increase US domestic production of several strategic minerals and metals - including copper, rhenium, molybdenum and silver, among others - while reducing US dependence on foreign suppliers."

The technical information in this release was reviewed and approved by Stephen Hodgson, P.Eng., a Qualified Person who is not independent of Northern Dynasty.

***

From the ‘Executive Order on Addressing the Threat to the Domestic Supply Chain from Reliance on Critical Minerals from Foreign Adversaries':

"In addition, I find that the United States must broadly enhance its mining and processing capacity, including for minerals not identified as critical minerals and not included within the national emergency declared in this order. By expanding and strengthening domestic mining and processing capacity today, we guard against the possibility of supply chain disruptions and future attempts by our adversaries or strategic competitors to harm our economy and military readiness. Moreover, additional domestic capacity will reduce United States and global dependence on minerals produced in countries that do not endorse and pursue appropriate minerals supply chain standards, leading to human rights violations, forced and child labor, violent conflict, and health and environmental damage. Finally, a stronger domestic mining and processing industry fosters a healthier and faster-growing economy for the United States. Mining and mineral processing provide jobs to hundreds of thousands of Americans whose daily work allows our country and the world to "Buy American" for critical technology."

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 ("PLP"), is a 100% interest in a contiguous block of 2,402 mineral claims in southwest Alaska, including the Pebble deposit. PLP is the proponent of the Pebble Project, an initiative to develop one of the world's most important mineral resources.

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. Review Canadian public filings at www.sedar.com and US public filings at www.sec.gov.

Ronald W. Thiessen
President & CEO

US Media Contact:
Dan Gagnier
Gagnier Communications
(646) 569-5897

SOURCE: Northern Dynasty Minerals Ltd.

View source version on accesswire.com:
accesswire.com

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