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PolyMet Mining Corp
Symbol POM
Shares Issued 1,005,230,259
Close 2020-02-11 C$ 0.365
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PolyMet files appeal with Minn. court re: permits

2020-02-11 13:11 ET - News Release

Mr. Jon Cherry reports

POLYMET FILES APPEAL WITH MINNESOTA SUPREME COURT

PolyMet Mining Corp.'s Poly Met Mining Inc. has filed a petition for review with the Minnesota Supreme Court seeking to overturn a January Minnesota Court of Appeals decision that remanded the company's permit to mine and dam safety permits back to the Department of Natural Resources for a contested case hearing.

"We are respectfully asking the Supreme Court to right what we believe is a wrong. The Court of Appeals effectively opened the door to an unpredictable loop of review and additional litigation for Minnesota permittees with its interpretation of the statute," commented Jon Cherry, president and chief executive officer. "The court's ruling increases uncertainty and permitting time not only for mining projects, but also for many other projects in the state that require DNR or MPCA permits."

The company's petition cited several reasons for the appeal, including:

  • That the Minnesota Court of Appeals' ruling conflicts with both the relevant statute and the Minnesota Supreme Court's precedent;
  • That agencies should not be required to hold a contested case hearing when there is no reasonable basis for thinking that such a hearing would help them make a decision.

The company is determined and confident that it will advance Minnesota's first copper-nickel-precious-metal mine, introducing a new era of modern, responsible mining on the Mesabi iron range, while creating nearly 1,000 jobs in the process. "We have proven that we can meet Minnesota's strict standards," concluded Mr. Cherry.

About PolyMet Mining Corp.

PolyMet Mining is a publicly traded mine development company that owns 100 per cent of Poly Met Mining, a Minnesota corporation that controls 100 per cent of the NorthMet copper-nickel-precious-metals orebody through a long-term lease, and owns 100 per cent of the former LTV Steel Mining Company processing facility, located approximately seven rail miles from the orebody in the established mining district of the Mesabi iron range in northeastern Minnesota.

We seek Safe Harbor.

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