Northern Dynasty Minerals (TSX: NDM) on Friday issued a technical report on its contentious Pebble project in Alaska, including a revised mineral resource estimate to confirm the mine’s potential for the production of rhenium.
The Pebble technical report comes just two days after President Donald Trump’s signing of a second executive order to protect and build the domestic supply of critical minerals like rhenium.
The rare metal is currently considered a strategic metal by US Congress, the US Geological Survey, the US Department of Interior and the US military due to its primary use as an alloying metal in jet engine turbine blades, combustion chambers and exhaust nozzles.
Northern Dynasty issues Pebble report in light of Trump mining order