Alaska Miner Magazine, Summer 2019

SPECIAL TO THE ALASKA MINER Iliamna Natives Limited has reached an agreement with the Pebble Limited Partnership to provide transportation corridor access on INL lands to support the operation and construction of the proposed Pebble mine. The long-term agreement is a com- mitment to advance the Pebble Project in a technically feasible, economically viable and environmentally responsible XLYYP][]ZaTOTYRL]LYRPZQMPYPʭ_^ and opportunities for INL and for their shareholders. In exchange for provid- TYR;7;bT_SLNNP^^_ZOPʭYPO[Z]_TZY^ of INL lands for the development of transportation infrastructure associ- ated with the Pebble Project, PLP will make annual toll payments to INL, and pay other fees prior to and during min- ing operations in the region. 497LYOT_^^SL]PSZWOP]^bTWWMPYPʭ_ from the transportation infrastructure developed on INL land, and the capital investment and economic activity gen- P]L_PO Md _SP ;PMMWP ;]ZUPN_ -PYPʭ_^ include: „ Power and transportation infra- structure developed for Pebble will lower the price of energy and other costs of living in local communities; „ Pebble will provide training and employment opportunities for local residents, and contracting opportuni- ties for INL, its subsidiaries and other local companies; „ The enhanced economic activi- ty Pebble will bring to the region will N]PL_P^[TYZʬZ[[Z]_`YT_TP^QZ]M`^T - nesses — including building a road; „ Pebble will provide a viable ave- Pebble, Iliamna agree on access

nue for residents of Iliamna and other local villages to live in their home communities and contin- ue with their traditional lifestyle, if they choose to do so. Among the most important MPYPʭ_^_SP,R]PPXPY_[]ZaTOP^ is that INL has secured a ‘prefer- ential contractor’ bidding status for any Pebble-related contract occurring entirely or partially on INL lands. In addition, PLP and INL have agreed to negotiate a

[]Zʭ_^SL]TYR LR]PPXPY_ _SL_ will ensure INL and shareholders MPYPʭ_ Q]ZX []Zʭ_^ RPYP]L_PO by mining activity in the region. “Iliamna Natives Limited did not come to the decision to enter a Right-of-Way Agreement with the Pebble Partnership light- ly,” said INL President Lorene Anelon. “We know we are the true caretakers of our lands and of the salmon, and we take that responsibility very seriously.”

Joe Usibelli Jr. and his daughter Lexi with Emil’s original TD-40 bulldozer, 2010.

the decades, but the pioneering spirit of Emil Usibelli still guides the company today. We look forward to producing affordable energy, while protecting the quality of environment, for many decades to come. A HERITAGE OF TENACITY

Emil Usibelli, the founder of Usibelli Coal Mine, arrived in Alaska penniless during the throes of the Great Depression. Yet in less than a decade he had started a mine that was destined to become one of Alaska’s oldest and most successful businesses. Much has changed over

WWW.USIBELLI.COM

July 2019

The Alaska Miner

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