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PolyMet wins Minnesota court ruling on $ 1 billion mine

Mining industry / North America

PolyMet is the mining company that owns 100% of the NorthMet project, the first large-scale project permitted in the Duluth complex in northeastern Minnesota, one of the largest undeveloped mining regions in the world.

PolyMet wins Minnesota court ruling on $ 1 billion mine

The Minnesota Supreme Court unanimously ruled in favor of PolyMet Mining Corp. in reviewing an emission permit for the company's $ 1 billion copper-nickel-platinum mine, overturning a state Court of Appeals ruling.

“This decision is another major victory and an important step forward in protecting our air permit,” said John Cherry, chairman, president and CEO of PolyMet. “We strongly believe that the facts and the law are on our side, and we are glad that the court agreed with us on the law. This is a victory for the company, our many stakeholders, and everyone who supports responsible mining in Minnesota. ”

Situated on the Mesabi Iron Ridge, the project, he said, will provide economic diversity, while leveraging the region's established supplier network and skilled workforce, and create a level of activity that will have a significant impact on the local economy.

“The decision will allow the company to start mining the metals needed to modernize US infrastructure projects and produce electric vehicles and renewable energy technologies,” he said.

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