Company to evaluate next steps for the project
Anchorage, AK – Pebble Partnership CEO John Shively issued the following statement today regarding the decision by the U.S. Army Corps of Engineers (USACE) to deny a permit for the Pebble project:
“We are obviously dismayed by today’s news given that the USACE had published an Environmental Impact Statement (EIS) in July that clearly stated the project could successfully co-exist with the fishery and would have provided substantial economic benefit to the communities closest to the deposit. One of the real tragedies of this decision is the loss of economic opportunities for people living in the area. The EIS clearly describes those benefits, and now a politically driven decision has taken away the hope that many had for a better life. This is also a lost opportunity for the state’s future economy – especially at a time when Alaska is seeing record job losses from the impacts associated with Covid.
“The Pebble Deposit contains minerals such as copper that are in the national interest as they will be necessary to support the nation’s transition to more renewable sources of energy and a lower carbon future. President-elect Biden has stated that increasing domestic copper production will be an important step in meeting these goals.
“Since the beginning of the federal review, our team has worked closely with the USACE staff to understand their requirements for responsibly developing the project including changing the transportation corridor and re-vamping the approach to wetlands mitigation. All of these efforts led to a comprehensive, positive EIS for the project that clearly stated it could be developed responsibly. It is very disconcerting to see political influence in this process at the eleventh hour.
“For now, we will focus on sorting out next steps for the project including an appeal of the decision by the USACE.”