Twin Metals sues after failing to obtain Minnesota mining licenses


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(Kitco News) – Twin Metals Minnesota announced today that it filed a lawsuit in the United States District Court in Washington, D.C., after failing to obtain permits for its underground copper, nickel, cobalt and platinum group metals mine.

Twin Metals is a subsidiary of Antofagasta PLC.

The company said it is launching legal action “…to reclaim its federal mineral leases and reverse a series of arbitrary and capricious actions by federal agencies aimed at preventing the development of its modern mining project in northern Minnesota. These actions by the Department of Interior and Bureau of Land Management undercut America’s long-term priorities of securing domestic supply chains, addressing climate change by moving toward a clean energy future, and strengthening national security.”

The company said it has invested more than $550 million in the development of its project over the past 12 years.

“Twin Metals’ federal mineral leases were illegally canceled by the Department of Interior earlier this year. In doing so, the agency contradicted the position it asserted and successfully defended in a federal court just four years ago. The lawsuit seeks to restore the leases and other rights, which will restart the environmental review process as required by law for the company’s mine plan.”






Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.



Read More:Twin Metals sues after failing to obtain Minnesota mining licenses

2022-08-23 17:07:00

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