TWIN METALS MINNESOTA STATEMENT REGARDING ENACTMENT OF MINERAL WITHDRAWAL IN NORTHEAST MINNESOTA

Thursday January 26, 2023

Ely, Minn., Jan 26, 2023 – Twin Metals Minnesota is deeply disappointed and stunned that the federal government has chosen to enact a 20-year moratorium on mining across a quarter million acres of land in northeast Minnesota. This region sits on top of one of the world’s largest deposits of critical minerals that are vital in meeting our nation’s goals to transition to a clean energy future, to create American jobs, to strengthen our national security and to bolster domestic supply chains. We believe our project plays a critical role in addressing all of these priorities, and we remain committed to enforcing Twin Metals’ rights.

About Twin Metals Minnesota: Twin Metals Minnesota is a Minnesota company focused on designing, constructing and operating an underground copper, nickel, cobalt and platinum group metals mining project in northeast Minnesota. The TMM project brings the promise of significant long-term jobs and environmentally responsible economic development for generations in Minnesota. Twin Metals is owned by Antofagasta plc, one of the top ten copper producers in the world. For more information, visit
http://www.twin-metals.com/.

Contact:
Kathy Graul
Manager, Public Relations
media@twin-metals.com
651-728-2357