U.S. Steel, state strike deal on Range pollution, expansion issues

I’ve neglected to mention this deal between the state and U.S. Steel. The largest mining company on the Range would clean up pollution at its properties, most notably MinnTac, in exchange for rights to expand Keewatin Taconite, adding another line and more jobs to the western Iron Range.

This is another example of the strengthening fortunes of Range mining companies in 2011 and into next year. Earlier today I cautioned against complacency.

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