Updated: 05/22/2014 11:17 PM
Created: 05/22/2014 7:39 PM WDIO.com
Magnetation decided against a ground-breaking ceremony for their fourth plant, since that would have meant bringing people out in sub-zero temps in December.
On Thursday, they hosted a celebration that had the backdrop of the impressive progress of the massive Plant 4 behind them. And it was a balmy 65 degrees or so.
The steel structure will be a $155 million dollar investment, and is located behind Mt. Itasca, just west of Coleraine. About 200 construction workers are on-site now, and that will ramp up.
Plant 4 will have the capacity of two million tons of concentrate, which will be sent by rail to their pellet plant in Reynolds, Indiana.
"We are three months away from making pellets there," shared Matt Lehtinen, Chief Operating Officer.
At the Plant 4 site, the company is now set to mine old iron ore tailings in the Canisteo mine area, which opened in 1907. Iron ore from there helped the US win WWI and WWII. But the last time concentrate came out of this area was 1984.
"So like the blooms in the spring, new life is coming back to this mine," Lehtinen told the crowd.
The plan is to be up and running in January of 2015.
At least 160 full time jobs will come with it. Lehtinen said the average pay of their mining jobs is $90,000.
Magnetation opened their first plant in Keewatin in 2009, and has since opened two more. One is a partnership with Steel Dynamics, called Mining Resources.
Because of their commitment to bringing jobs to the area, using one of our precious resources, Governor Mark Dayton proclaimed Thursday, March 22nd, "Red Ore Renaissance Day."
After Plant 4, Magnetation plans on mining and possibly processing in the Calumet area.
Chisholm-Based 114th Officially Welcomed Home
After returning from a 9-month deployment in Afghanistan, the Chisholm-based 114th Transportation Company got a proper homecoming from the community Saturday.
Burger King Construction Site Falls Victim to High Winds
The new Burger King site off Highway 53 in Duluth was a victim of high wind speeds Saturday. Crews said they were working on it around 10 a.m. when it collapsed. Wind speeds were gusting up to 40 miles per hour.
Scout for Food Event Makes Donating Easy
Local boy scouts helped grocery shoppers during the Scout for Food event Saturday. The goal of the event is to make it easy for people to donate to the annual Share Food Drive.
Chicken Kiev Linked to Minnesota Outbreak Recalled
Federal authorities say a Chicago company has recalled nearly 29,000 pounds of chicken Kiev products linked to a salmonella outbreak in Minnesota. The U.S. Department of Agriculture says the raw, frozen chicken entrees from the Aspen Foods division of Koch Meats were sold as Antioch Farms brand A La Kiev raw stuffed chicken breast.
Wisconsin Sex Offenders Must Stay Home on Halloween
Police are teaming up with parole agents across Wisconsin to make sure sex offenders stay home on Halloween night.