Northern Dynasty Minerals' Shares Plunge 37.6% Amid EPA's Pebble Mining Project Veto Backing

Northern Dynasty Minerals' shares plummeted 37.6% on Wednesday, reaching their lowest level in over four months, following the US Department of Justice's court brief supporting the EPA's veto of the Pebble mining project. The company slammed the brief, calling it "flawed" and "irresponsible". The EPA vetoed the project in 2020, citing environmental concerns, but Northern Dynasty has continued to pursue the project, arguing it would create jobs and boost the local economy.