Magnetation, Inc., the outfit that is reprocessing old Iron Range mine dumps, made Fortune Magazine this week. The company shows a lot of promise. Beats a kick in the face, economically speaking.
Buuuuut … none of our taconite mines are producing anything right now. Contextually, we’re still in the rough.
On a side note, a friend once told me that if they mined all the dumps down to nothing I’d have to change the title of my book “Overburden: Modern Life on the Iron Range” (dumps are piles of overburden). I suppose that’s true. If they mine away all the dumps, the new title will be “Save us Mad Max, Those Bad Guys are Killing Us and Stealing Our Life Sustaining Supplies.”
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