$916 Million Project Planned Near Ely

Tools

$916 Million Project Planned Near Ely

By KBJR News 1

Story Published: Aug 27, 2008 at 9:31 PM CST

Story Updated: Aug 27, 2008 at 9:31 PM CST

A new 916 million dollar project, being planned near Ely, would create as many as one thousand jobs in the area.

That's according to The Minneapolis Business Journal which says Duluth

Metals, a Toronto based company, wants to process 20,000 metric tons a day of copper, nickel, and other non ferrous minerals from its Nokomis deposit in Minnesota's Duluth Complex.

The hope is to begin production by 2012.

Add a comment

Name:

Comment: 500 Characters Left

Northland's NewsCenter: News, Weather, Sports and its affiliated companies are not responsible for the content of comments posted or for anything arising out of use of the above comments or other interaction among the users. We reserve the right to screen, refuse to post, remove or edit user-generated content at any time and for any or no reason in our absolute and sole discretion without prior notice, although we have no duty to do so or to monitor any Public Forum.

More Good Stuff

Weather

Icon
Current Temp 42.0 °F
A Few Clouds
Wind : Southeast at 6.9 MPH (6 KT)
Humidity : 71 %
Pressure : 1015.9 mb
More Weather

On Demand

YouNews

This content requires the latest Adobe Flash Player and a browser with JavaScript enabled. Click here for a free download of the latest Adobe Flash Player.

Stock Quotes
Local Business Dir