Minnesota Supreme Court to hear appeal on PolyMet air permit
June 16 2020 - 3:01PM
Business Wire
The Minnesota Supreme Court today granted review of a Minnesota
Court of Appeals’ ruling regarding the NorthMet Project air permit,
according to Poly Met Mining, Inc., a wholly owned subsidiary of
PolyMet Mining Corp. (together “PolyMet” or the “company”) TSX:
POM; NYSE American: PLM.
In a March 23 ruling, the Court of Appeals remanded NorthMet’s
air permit to the Minnesota Pollution Control Agency (MPCA) to
provide more information. PolyMet subsequently sought review of the
decision, as did the MPCA in a separate petition. The Supreme Court
also granted MPCA’s petition.
This is the second case in which the Supreme Court has granted
review of the lower court’s ruling on Northmet Project permits. In
April, the court granted the company’s and Minnesota Department of
Natural Resources’ (DNR) requests to review the Court of Appeals’
January 13 ruling, which remanded PolyMet’s Permit to Mine and two
dam safety permits to the DNR for a contested case hearing. The
court is expected to hear that case later this year.
“We believe the MPCA in its permit appropriately accounted for
the potential effects of the NorthMet Project on the airshed, and
are pleased that the Supreme Court will hear the case,” said Jon
Cherry, president and CEO. “The court of appeals’ decision creates
tremendous uncertainty for companies who want to invest in
Minnesota and must seek permits from the state. This is an
opportunity to remedy that situation. We are looking forward to
presenting our case to the Minnesota Supreme Court.”
PolyMet has successfully defended itself in six of the 11 state
and federal cases challenging the project. The remaining five cases
– three state and two federal – are in various stages of litigation
or appeal, including the two cases now pending before the state
Supreme Court.
About PolyMet
PolyMet Mining Corp. (www.polymetmining.com) is a publicly
traded mine development company that owns 100% of Poly Met Mining,
Inc. (together “PolyMet” or the “company”), a Minnesota corporation
that controls 100% of the NorthMet copper-nickel-precious metals
ore body through a long-term lease. The project features
significant assets including the deposit itself and infrastructure
including existing rail, roads and utilities that connect the ore
body to the plant site approximately seven rail miles away. The
project is located 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 permits
that provide authorization to build and operate an open pit mine
and associated processing facilities. The permits, however, are the
subject of ongoing litigation. NorthMet will take advantage of the
region’s established supplier network and skilled workforce, is
expected to require approximately two million hours of construction
labor, will 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, 2019, 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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20200616005974/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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