![]() ![]() But when you step down to a transformer, distribute electricity to houses, commercial buildings, to EV charging stations, that's all electricity requiring copper wire. You know, high transmission wires are generally aluminum, due to their light weight characteristic. You need copper to aggregate electrical currents. And I said to him that I believed his book was a great read and very educational, but he was missing the “bridges and the asphalt” for the roads.įundamentally, he was missing the infrastructure, because otherwise, where was electricity going to come from, and how were you going to use it? Copper is used to produce energy in a magnetic field. He then wrote a book called The New Map, which talked about the transition from fossil fuels to electricity. He wrote a book, for which I believe he received a Pulitzer Prize, called The Prize, about the oil and gas industry and the US's ability to recover, and to become one of the largest producers of oil and gas in the world, in a short period of time, mainly as a consequence of fracking. Yergin is well known and highly regarded. His firm, S&P Global (formerly IHS Markit) was doing the economic impact assessment for Pebble at the time, so we had a lot of contact with each other.ĭr. Yergin and his firm reasonably well they have done Economic Impact Studies for the Pebble Project. He had authored a book, called The New Map, which talked about the energy transition from fossil fuels to electricity. Daniel Yergin and I, got together about a year ago to discuss copper. Then later tell our readers/investors everything that Northern Dynasty is doing and planning to protect the environment. Ron, I wonder if you could give our readers/investors an overview of the importance of the Pebble Project to copper supplies and new energy. Allen Alper, Editor-in-Chief of Metals News, talking with Ron Thiessen, President and CEO of Northern Dynasty Minerals. In 2020, the project permit was denied, and in early 2021, Pebble lodged an Administrative Appeal against the decision, which continues today. The ability of Pebble to produce copper at a low cash cost and generate many millions in annual taxes and other government revenues in Alaska, while setting aside appropriate closure funding, could propel this region of Alaska into prosperity and opportunity. The Pebble Project's 2021 PEA is financially robust and combines globally significant production and excellent optionality. The project is located in southwest Alaska about 200 miles from Anchorage and 125 miles from Bristol Bay. Northern Dynasty is focused on their principal asset, the world class copper/gold/silver/moly/rhenium Pebble Project, owned through its wholly owned Alaska-based U.S. (TSX: NDM NYSE American: NAK), a Canadian mineral exploration and development company. ![]() We spoke with Ron Thiessen, President, and CEO of Northern Dynasty Minerals Ltd. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA (TSX: NDM NYSE American: NAK) Discusses the Need for their Pebble Project to Supply Copper for Electrification and Green Energyīy Dr. Review Canadian public filings at and U.S.Ron Thiessen, President & CEO, Northern Dynasty Minerals Ltd. The report will also be available via the homepage on the Company website at For further details on Northern Dynasty and the Pebble Project, please visit the Company's website at or contact Investor services at (604) 684-6365 or within North America at 1-80. (TSX:NDM)(NYSE American:NAK) ("Northern Dynasty" or the "Company" or "NDM") announces it has re-filed the independent technical report entitled Pebble Project, NI 43-101 Technical Report Update and Preliminary Economic Assessment, Alaska, United States of America, effective date Aug("2023 PEA") at The amended version of the report corrects some typographical and formatting errors, which results in the correction and/or replacement of certain figures and tables. VANCOUVER, BC / ACCESSWIRE / Septem/ Northern Dynasty Minerals Ltd. ![]()
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