Madison, WI (Northland's NewsCenter) - Company leaders with Gogebic Taconite say they’re scrapping plans to mine in Northern Wisconsin.
President Bill Williams released a statement Tuesday saying his company is ending plans to invest in iron mining.
“The Senate rejection of the mining reforms in Assembly Bill 426 sends a clear message that Wisconsin will not welcome Iron Mining," Williams wrote. "We get the message.”
The Wisconsin Senate tabled the vote on the assembly bill Tuesday. The bill aimed to transform and streamline the permitting process for ferrous mines.
Before the vote on the assembly bill, the Senate rejected a substitution amendment that the joint finance committee passed yesterday 17-16 along party lines.
Senator Bob Jauch (D-Poplar) calls GTAC’s move to drop the project "strange."
“It’s very bizarre. The Senate did not kill the bill. We rejected the amendment,” Sen. Jauch told the Northland’s NewsCenter Tuesday night via telephone.
The $1.2 billion dollar project would have allowed G-TAC to mine on a piece of land that spans 22 miles in the Penokee Hills Range.
“We thank the many people who have supported our efforts,” concluded the statement from GTAC’s president.