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Industry executives presumably interviewed or at least consulted by the Financial Times believe the Pebble Mine will be approved:
Rio Tinto's CEO certainly expressed optimism about the prospects of the Resolution project, which has been similarly blocked so far:
Given the current price of copper and its expected future demand, both the Pebble Mine and Resolution are worth a fortune. Given the current geopolitical climate, both are strategically located too. They even sit in red states: Alaska and Arizona, respectively.