Supreme Court denies opponents' appeal on supplemental EIS decision for PolyMet project
21 August 2019 - 12:47AM
Business Wire
Poly Met Mining, Inc., a wholly-owned subsidiary of PolyMet
Mining Corp. (together “PolyMet” or the “company”) TSX: POM; NYSE
American: PLM, reports the Minnesota State Supreme Court today
declined to hear a petition for review by environmental groups to a
lower court decision regarding the environmental review for the
NorthMet copper-nickel-precious metals project.
Two environmental groups had petitioned the court for review of
a unanimous May 28, 2019 Court of Appeals decision that upheld the
scope of the environmental review prepared for the NorthMet Project
by the Minnesota Department of Natural Resources and rejected the
groups’ request for the agency to prepare a supplemental
Environmental Impact Statement.
“This action effectively closes out any remaining challenges to
the state related to the environmental review and allows us to
sharpen our focus on financing, building and operating Minnesota’s
first copper-nickel-precious metals mine,” said Jon Cherry,
president and CEO.
Groups filing the petition were Twin Cities-based Minnesota
Center for Environmental Advocacy and Friends of the Boundary
Waters Wilderness.
The Court of Appeals ruling covered three consolidated appeals
filed in 2018. The Final Environmental Impact Statement for
PolyMet’s NorthMet Project was published in November 2015 by the
co-lead agencies: the Minnesota Department of Natural Resources,
U.S. Forest Service and U.S. Army Corps of Engineers.
About PolyMet
PolyMet Mining Corp. (www.polymetmining.com) is a publicly
traded mine development company that owns 100 percent of Poly Met
Mining, Inc., a Minnesota corporation that controls 100 percent of
the NorthMet copper-nickel-precious metals ore body through a
long-term lease, and owns 100 percent of the former LTV Steel
Mining Company processing facility, located approximately seven
rail miles from the ore body in the established mining district of
the Mesabi Iron Range in northeastern Minnesota. Poly Met Mining,
Inc. has completed its Definitive Feasibility Study and received
key permits necessary to construct and operate the NorthMet
Project. NorthMet is expected to require approximately two million
hours of construction labor, create approximately 360 long-term
jobs directly, and generate a level of activity that will have a
significant multiplier effect in the local economy.
PolyMet Disclosures
This news release contains certain forward-looking statements
concerning anticipated developments in PolyMet’s operations in the
future. Forward-looking statements are frequently, but not always,
identified by words such as “expects,” “anticipates,” “believes,”
“intends,” “estimates,” “potential,” “possible,” “projects,”
“plans,” and similar expressions, or statements that events,
conditions or results “will,” “may,” “could,” or “should” occur or
be achieved or their negatives or other comparable words. These
forward-looking statements may include statements regarding the
ability to receive environmental and operating permits, job
creation, and the effect on the local economy, or other statements
that are not a statement of fact. Forward-looking statements
address future events and conditions and therefore involve inherent
known and unknown risks and uncertainties. Actual results may
differ materially from those in the forward-looking statements due
to risks facing PolyMet or due to actual facts differing from the
assumptions underlying its predictions.
PolyMet’s forward-looking statements are based on the beliefs,
expectations and opinions of management on the date the statements
are made, and PolyMet does not assume any obligation to update
forward-looking statements if circumstances or management’s
beliefs, expectations and opinions should change.
Specific reference is made to risk factors and other
considerations underlying forward-looking statements discussed in
PolyMet’s most recent Annual Report on Form 40-F for the fiscal
year ended December 31, 2018, and in our other filings with
Canadian securities authorities and the U.S. Securities and
Exchange Commission.
The Annual Report on Form 40-F also contains the company’s
mineral resource and other data as required under National
Instrument 43-101.
The TSX has not reviewed and does not accept responsibility for
the adequacy or accuracy of this release.
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version on businesswire.com: https://www.businesswire.com/news/home/20190820005766/en/
Media Bruce Richardson, Corporate Communications Tel: +1
(651) 389-4111 brichardson@polymetmining.com
Investor Relations Tony Gikas, Investor Relations Tel: +1
(651) 389-4110 investorrelations@polymetmining.com
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