Magnetation Plant Sites Still Under Consideration

By KBJR News 1

Magnetation Plant Sites Still Under Consideration

April 3, 2012 Updated Apr 3, 2012 at 6:02 PM CST

(Northland's NewsCenter)---Magnetation officials say the playing field is still even for its three proposed pellet plant sites, regardless of a new law that speeds up the environmental permitting process in Minnesota.

Magnetation would like to build a $300 million pellet processing plant in either Itasca County, Minnesota, Superior, Wisconsin or Indiana.

The law is designed to speeds up the permitting process.

But Magnetation officials still expect Minnesota's permitting process to take about 16 months.

Magnetation President, Matt Lehtinen says northeastern Minnesota will benefit from future plans regardless of where the proposed pellet plant is built.

"Along with the pellet plant would be at least one additional concentrator plant at Plant Four or Plant Five," Lehtinen said. "Between those two pellet plants, which of course Minnesota would get independent of where we put the pellet plant, we are looking at several hundred additional jobs here for the Iron Range."

The proposed pellet plant is expected to create up to 150 jobs.

Jennifer Walch
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