Northwest Arctic Borough and Red Dog Reach New Payment Agreement
Kotzebue, AK: The Northwest Arctic Borough (NAB) and the operator of the Red Dog Mine, Teck Alaska, announced that a new 10-year Payment in Lieu of Taxes (PILT) Agreement has been finalized by the parties. The agreement will provide an increase in annual payments to NAB, facilitating enhanced benefits and long-term sustainability for the region […]