NMA Releases Statement on Twin Metals’ Mineral Leases Withdrawal
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The National Mining Association released the following statement on the recent mineral leases withdrawal from Twin Metals:
“The administration’s decision to withdrawal Twin Metals’ mineral leases — long held leases that were first issued more than five decades ago — contradicts and will obstruct the realization of the goals established in its own stated jobs, economic, climate, infrastructure, and supply chain agendas. Our nation’s supply chain vulnerabilities are significant and growing. Decisions such as this one will only deepen our heavy dependency on foreign sources for the minerals that we could be sourcing here at home, in accordance with the world’s top environmental and labor standards. In fact, the Twin Metals project could supply decades worth of copper, nickel, cobalt and platinum group metals. These are the same minerals needed for the clean energy transition and severe supply constraints are forecast. This decision is disappointing and foreshadows a global economic, energy, manufacturing, and overarching supply chain race where the U.S. may be watching from the sidelines.”
About National Mining Association
The National Mining Association (NMA) is U.S. mining’s advocate in Washington, D.C. and beyond. NMA is the only national trade organization that represents the interests of mining before Congress, the administration, federal agencies, the judiciary and the media — providing a clear voice for U.S. mining. NMA’s mission is to build support for public policies that will help America fully and responsibly utilize its coal and mineral resources.
Headquartered in Washington, D.C., NMA has a membership of more than 250 corporations and organizations involved in various aspects of mining. NMA provides a forum for these diverse industry segments to be informed, heard and represented.
To stop by NMA’s website, CLICK HERE
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