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Polymet Mining

 

Erie Plant formerly owned by LTV Steel Mining Company.
 


DNR issues permits for NorthMet mining project in northeast Minnesota

November 1, 2018

http://news.dnr.state.mn.us/2018/11/01/dnr-issues-permits-for-northmet-mining-project-in-northeast-minnesota/




Website:

www.polymetmining.com/

 

Tapping the potential of the Duluth Complex

The Duluth Complex contains the world's largest undeveloped deposits of non-ferrous metal. These copper-nickel-cobalt-platinum-palladium-gold deposits are in a belt stretching 30 miles just south of the eastern end of the historic Mesabi Iron Range-the major source of iron ore for the domestic steel industry for more than 100 years.

PolyMet's project is comprised of two significant assets: the NorthMet deposit and the Erie Plant formerly owned by LTV Steel Mining Company, which is an iron ore processing facility six miles west of the deposit, connected by a private railroad.

 

DNR: Polymet's Mining Plan Meets Standards


ST. PAUL, Minn. - The Minnesota DNR's final environmental review for Minnesota's proposed PolyMet copper-nickel mine says the company's proposal meets the state's environmental and health standards. The 3,500 page report, known as a final environmental impact statement, or EIS, is a 10 year study that found PolyMet's plan is sound enough to protect the state's natural resources.

KARE 11

Polymet Mining

The document says mine runoff would not reach the Boundary Waters Canoe Area Wilderness or Voyageurs National Park, which has been a concern raised by critics. It also said PolyMet would employ state of the art technology to maintain air quality and reduce harmful emissions. 

"It's been thoughtful, objective and thorough. We've really turned this upside down, inside out, backward and forward to take a look at it," said Tom Landwehr, MN DNR Commissioner.

Landwehr compared the process to an inspection when someone buys a house, pointing out strengths and weaknesses. He emphasized the environmental review is not a recommendation for the project, neither for nor against the construction of the open pit mine.

"We are truly neutral, either support or are opposed to the project," said Landwehr.

Landwehr said PolyMet would have to make sure that all cleanup costs are covered after the mine closes, which would be determined during the permitting process. The report also said wastewater treatment plans must be kept in place indefinitely.

That's the boiling point for environmental groups opposed to the project.

"We are talking about a water treatment model that is based on data the company built and the DNR has never independently verified – there is a lot to be concerned about here," said Kathryn Hoffman, Minnesota Center for Environmental Advocacy attorney.

As the DNR claims it has acted independently, Hoffman says Minnesotans shouldn't believe it's safe.

"That's right, because that claim is based on faulty data, because it's PolyMet's data," said Hoffman.

PolyMet faces an extensive process, more than 20 permits, according to Landwehr, who said it's still too premature to determine whether the project will move forward.

PolyMet President and CEO Jon Cherry called the final environmental review a huge milestone and in a press release, said "The Final EIS demonstrates that PolyMet can mine and process copper, nickel and platinum group metals in a manner that complies with the law, protects the environment and creates hundreds of high-paying jobs in northern Minnesota while creating value for shareholders."

Governor Mark Dayton visited mines in South Dakota and Michigan ahead of his decision whether to advance copper and nickel mining on the Iron Range and has described the decision as one of the most difficult he'll make in his career. He said he also require an exhaustive financial review of the company.

The $650 million dollar project would be located in the St. Louis River watershed on the eastern edge of the Mesabi Iron Range, about 6 miles south of Babbitt and about 1 mile south of the existing iron-ore Northshore Mine. Processing of the ore would take place at a former industrial site, the LTV steel plant in Hoyt Lakes.

Concerns can be addressed in a 30-day public comment period. The agency will determine early next year, likely in February, whether the review is adequate. Then the company can start applying for permits.
 

 

Providing Metals used in daily life

After years of environmental research and project development, PolyMet is poised to begin mining in Minnesota's Duluth Complex-which contains one of the world's largest undeveloped non-ferrous metal deposits.

PolyMet will mine and process metals used in daily life, including:

  • Copper - construction, plumbing and electric wiring.
    Nickel - stainless steel and rechargeable batteries.
    Cobalt - household magnets and hybrid vehicles.
    Platinum & palladium - catalytic converters that reduce automobile pollution.
    Gold - jewelry, dental and medical applications, computers and electronics.

PolyMet is working to complete the environmental review and permitting in 2010 and expects to begin construction in 2010.

The publicly traded mine development company with operational headquarters in Hoyt Lakes, Minnesota, with an executive office in Vancouver, British Columbia. Shares are traded on the New York Stock Exchange (NYSE-AMEX: PLM) and Toronto Stock Exchange (TSX: POM).


Good video...

Edina Rotary Club Meeting - Polymet Mining - 03/20/14

http://www.youtube.com/watch?v=e_JyLNpS-e8&app=desktop


POLYMET INVESTOR PRESENTATION   May 2012 

http://www.polymetmining.com/uploads/PLM_Presentation_2012_05.pdf


POLYMET INVESTOR PRESENTATION   August 2011

http://www.polymetmining.com/uploads/PLM_Presentation_2011_08.pdf
 


Minnesota DNR  Polymet Mining/Northmet Project FEIS now DONE!

http://www.dnr.state.mn.us/input/environmentalreview/polymet/index.html


US Forest Service

Links to draft record of decision issued by the US Forest Service regarding the land exchange.  

http://www.fs.usda.gov/wps/portal/fsinternet/!ut/p/c5/04_SB8K8xLLM9MSSzPy8xBz9CP0os3gDfxMDT8MwRydLA1cj72BTUwMTAwgAykeaxRtBeY4WBv4eHmF-YT4GMHkidBvgAI6EdIeDXIvfdrAJuM3388jPTdUvyA2NMMgyUQQAyrgQmg!!/dl3/d3/L2dJQSEvUUt3QS9ZQnZ3LzZfS000MjZOMDcxT1RVODBJN0o2MTJQRDMwODQ!/?project=33908
 

 News:

http://www.cnbc.com/2015/12/21/the-associated-press-epa-backs-final-environmental-review-for-polymet-mine.html

http://finance.yahoo.com/news/polymet-final-eis-completed-demonstrates-134713450.html

http://finance.yahoo.com/news/polymet-receives-6-million-secured-142656586.html

http://ih.advfn.com/p.php?pid=nmona&article=69199917

http://www.marketwatch.com/story/polymet-reports-progress-on-environmental-review-2012-05-23-8173336
 

JJ's links

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=119390024

 

Other mods place content below this line

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PLM News: Report of Foreign Issuer (6-k) 12/20/2018 11:33:26 AM
PLM News: Minnesota Issues Last of Its Major Permits For PolyMet Copper-nickel Mine 12/20/2018 11:09:00 AM
PLM News: Report of Foreign Issuer (6-k) 11/13/2018 07:59:34 AM
PLM News: PolyMet Reports Results for Period Ended September 30, 2018 Following State's Issuance of Permit to Mine on November 1, 2018 11/13/2018 07:56:00 AM
PLM News: Report of Foreign Issuer (6-k) 11/13/2018 06:06:54 AM
PlusOneCoin Top Posts
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PostSubject
#11105  Sticky Note Minnesota Issues Last of Its Major Permits For trickledownfacists 12/20/18 11:29:56 AM
#11278   Lawsuits causing fighting in the Dem party in trickledownfacists 01/20/19 08:18:43 PM
#11277   We're about 30 months away from mining. Just leggmason 01/20/19 03:33:11 PM
#11276   Paula Maccabee, the accused sexual abuser... https://www.chicagotribune.com/new trickledownfacists 01/19/19 11:47:31 PM
#11275   I hear ya, Greg... this has dragged on Z-Axis 01/18/19 03:34:21 PM
#11274   Enough is Enough! Let us start mining non-ferrous! Greg444 01/18/19 03:06:37 PM
#11273   Watching the news last night, they highlighted this Z-Axis 01/18/19 02:43:08 PM
#11272   Ok Governor Walz. This is your opportunity to Greg444 01/18/19 12:13:28 PM
#11271   Let us hold on to Stauber for many Greg444 01/17/19 08:54:55 PM
#11270   Agreed Greg444 01/17/19 08:52:18 PM
#11269   Agreed Greg444 01/17/19 08:51:50 PM
#11268   The issue is there are two completely different Retiredceo 01/17/19 06:46:08 PM
#11267   I will relieve Trickle for a while: It Greg444 01/17/19 06:03:56 PM
#11266   Hard charger from the seven county metro liberal Greg444 01/17/19 05:18:05 PM
#11265   We had Nolan as a hard charger, but Greg444 01/17/19 04:28:59 PM
#11264   Yes, I just wish we had a hard Greg444 01/17/19 03:46:39 PM
#11263   I do believe there is more support than nightsky1975 01/17/19 03:09:45 PM
#11262   I've been in this long, why lose faith nightsky1975 01/17/19 03:05:55 PM
#11261   What is going to be Army Corp’s of Greg444 01/17/19 02:46:00 PM
#11259   I agree and I’m holding too. Retiredceo 01/17/19 12:54:46 PM
#11258   I believe we are huckleberries for believing in Greg444 01/17/19 12:40:29 PM
#11257   This lawsuit is one issue of two issues Retiredceo 01/17/19 10:28:53 AM
#11254   If that were to happen that is certainly Retiredceo 01/17/19 09:40:30 AM
#11252   They would just re appraise and re do. trickledownfacists 01/17/19 09:28:35 AM
#11251   Please stay Trickle! You have been here forever Greg444 01/17/19 09:04:44 AM
#11250   If it could be undone the exposure is Retiredceo 01/17/19 09:02:51 AM
#11248   I've never said "because I've said so" I provide trickledownfacists 01/17/19 09:01:19 AM
#11247   Yes. It could be undone.. Yes, it trickledownfacists 01/17/19 09:00:25 AM
#11246   I have nothing else to say to you Retiredceo 01/17/19 08:59:49 AM
#11243   Our View: Stauber makes good on priority News Tribune trickledownfacists 01/16/19 07:10:25 PM
#11240   I did which is why I corrected you. Retiredceo 01/16/19 06:40:01 PM
#11239   Already said.... they are not suing Polymet. trickledownfacists 01/16/19 06:35:51 PM
#11238   That's what I said, re read my trickledownfacists 01/16/19 06:35:01 PM
#11237   And the question remains. What is the exposure Retiredceo 01/16/19 06:23:15 PM
#11236   Even with faced with the facts you don’t Retiredceo 01/16/19 06:19:30 PM
#11234   Incorrect. The FS approved the land swap trickledownfacists 01/16/19 04:11:40 PM
#11233   No it wasn’t completed under Obama. It was Retiredceo 01/16/19 04:03:18 PM
#11232   Yellow vest time. Go to Maccabees house trickledownfacists 01/16/19 03:55:46 PM
#11231   !!!!!!!!!!!!!!!!!!!!!!! Paula Macabee had just asked twin city Dems trickledownfacists 01/16/19 03:49:32 PM
#11230   Yes the land swap is complete. Completed trickledownfacists 01/16/19 11:20:46 AM
#11229   Don't believe what they say. It's all trickledownfacists 01/16/19 11:07:23 AM
#11228   Wow.... that's great to hear! I was freshfrom/pol/ 01/16/19 10:26:14 AM
#11227   This looks positive Retiredceo 01/16/19 09:19:32 AM
#11226   Exactly what does this mean? Retiredceo 01/16/19 08:57:50 AM
#11225   Stauber introduces legislation to codify PolyMet, U.S. Forest trickledownfacists 01/14/19 02:30:50 PM
#11224   Be waiting the rest of our lives. Mean Weimaraner 01/14/19 12:58:16 PM
#11223   Waiting Waiting Waiting. mrplmer 01/14/19 10:00:21 AM
#11222   Finally a Governor with a set of balls! Greg444 01/11/19 11:36:05 PM
#11221   Walz: Decision on Proceeding With Line 3 Lawsuit trickledownfacists 01/11/19 03:55:40 PM
#11220   https://canadafreepress.com/article/russian-and-chinese-close-ties-to-us-environ trickledownfacists 01/10/19 04:22:45 PM
#11219   Yep... They talk out their ass saying one tdbowieknife 01/10/19 01:33:50 PM
PostSubject