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0:09

Haven Harris

71:59 - 72:08

“I'm going to take us back to a little bit of a reality check with 7J right now. We're about to hit the 7J cliff.”
Speaker
Haven Harris
Community
Alaska News
Location
Alaska
Captured at

From the transcript

Um, I concur with what both Richard and Andrew have said. Bering Straits Region is very similar in that the preponderance of our villages, you know, maybe running a store, maybe running fuel, a couple rental facilities, things of that nature, right? And then the bulk of their revenue comes in from 7J. But I'm going to take us back to a little bit of a reality check with 7J right now. We're about to hit the 7J cliff.

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Panelists warn two-thirds of Alaska village corporations face a Red Dog revenue cliff

Red Dog Mine's shared payments to Alaska village corporations will likely end by 2032. Panelists say two thirds of the 177 village corporations depend on that money, some for 50-90% of their revenue.

Cover image for article: Panelists warn two-thirds of Alaska village corporations face a Red Dog revenue cliff