With all the politics going on, I have neglected to share an important Iron Range story. PolyMet, one of the companies exploring precious minerals mining on the East Range, announced it has a $50 million private investor for its project. Here’s the story from today’s Duluth News-Tribune.
PolyMet is one of the rare Iron Range “prospective projects” (there are many tooling around in various states of existence) that has worked exclusively with private backing for its business operations. It’s seeking regulatory help from the government, but not money.
Speak Your Mind