Alaska’s governor calls on Biden to update mine permit process – by Ernest Scheyder and Georgina McCartney (Finance Yahoo/Reuters – March 20, 2024)

https://finance.yahoo.com/

HOUSTON, March 20 (Reuters) – Alaska Governor Mike Dunleavy called on President Joe Biden on Wednesday to update and streamline the U.S. mine permitting process in order to boost domestic production of critical minerals and reduce dependence on foreign nations.

The push echoes calls from the mining industry for clarity on how permits can be obtained for mines that produce copper, lithium and other energy transition minerals. Executives have long complained the U.S. process can be complex, expensive and opaque due in part to a federal mining law enacted in 1872.

“Our message to the Biden administration is, ‘Do everything you can to do everything here in America. Get your permitting processes streamlined,'” Dunleavy told Reuters on the sidelines of the CERAWeek energy conference in Houston.

It is “somewhat nonsensical,” the governor said, that Biden has pushed for greater adoption of electric vehicles – which require far more critical minerals to build than internal combustion engines – but has blocked Northern Dynasty’s Pebble copper and gold mining project.

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