Pebble Limited Partnership

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Anchorage, AK -- Pebble Partnership CEO Tom Collier issued the following statement Friday regarding the action taken this morning by the Environmental Protection Agency against the Pebble Project: “While today’s announcement from the US Environmental Protection Agency (EPA) Region 10 is only a proposal at this time, we are pleased to note the agency has rejected requests to preemptively veto the Pebble Project in favor of imposing specific conditions on future development. “That said, we believe that EPA does not have the statutory authority to impose conditions on development at Pebble, or any development project anywhere in Alaska or the US, prior to the submission of a detailed development plan and its thorough review by federal and state agencies, including review under the National Environmental Policy Act (NEPA). “Moreover, EPA’s attempt to preemptively impose conditions on future development at Pebble, in the absence of completing an Environmental Impact Statement (EIS), as is required of every major development project in the United States, is causing significant and even critical harm to our business interests and our abilities to fairly advance our project.

We are working toward the goal of submitting our initial project description for permitting. From there begins a review process, anticipated to take several years, in which we provide data for the roughly 50 state and federal mining permits, plans and regulations that ensure the Pebble Project is designed, built and operated in agreement with environmental regulations.

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