IRON_MINING_ASSN_22_DE | Page 17

Copyright 2015 , State of Minnesota ; MnDNR - Division of Lands and Minerals ; tac17org14 . pdf , Tim Pastika , 3 / 12 / 15
MINNESOTA IRON MINING
$ T Taconite / Iron Ore Operation
Taconite Pit
ERP Iron Ore : Canisteo
# 0 # 0
ERP Iron Ore : Holman-Plummer
Grand Rapids
Minnesota Department of Natural Resources Division of Lands and Minerals
Mesabi Range Mining Operations
O
0 3 6 12 18
Former Essar Steel Minnesota Site
Miles
Natural Ore Pit
Iron Formation
Itasca Co .
St . Louis Co .
Hibbing Taconite
#*
Hibbing
#* U . S . Steel Keetac
# 0 ERP Iron Ore : Mesabi Chief
# 0
Mining Resources Niles-Duncan
U . S . Steel
Minntac #*
Burlington Northern Santa Fe R . R .
Virginia
( Mine ) #*
United Taconite
( Plant ) #*
Canadian National R . R .
#* ArcelorMittal Minorca
Canadian National R . R .
Tower
Vermilion
Mesabi
Nugget #* # 0
Base of the Duluth Compl ex
Range
Cliffs Erie Area
Babbitt
Northmet Cu-Ni-PGE Deposit
Canadian National R . R .
Ely
Northshore
#* Mining ( Mine )
Mesaba Cu-Ni-PGE
Deposit
Nort hshore
St . Louis Co .
Maturi Cu-Ni-PGE Deposit
Birch Lake Cu-Ni-PGE Deposit
Cliffs NR R . R .
Minin g R . R .
Lake Co .
BWCA
Taconi t
15
â
e Harbor
miles
Northshore Mining
( Plant )
Silver#* Bay
Burlington Northern Santa Fe R . R .
Two Harbors
Vermilion
Range Mesabi
Range
Cuyuna Range
Brainard
Duluth
Lake
Superior Mpls St . Paul
Duluth
MINNESOTA IRON MINING : OUR COMMUNITIES , STATE AND NATION DEPEND ON IT .
Use of iron ore dates back more than 5,000 years , and as needs for iron have grown , iron ore deposits have been found all over the world . Minnesota has the largest deposits of iron ore in the United States , and northern Minnesota has been mining iron ore for over 138 years ( 26 years after Minnesota became a state in 1858 ).
The Iron Mining Association of Minnesota ( IMA ) was founded in 1992 to promote an iron ore industry that will provide long-term growth and prosperity for all stakeholders through profitability in a competitive , global market .
In addition to vendor members like you , the IMA represents the iron ore mines in northeast Minnesota that are capable of producing over 40 million tons of taconite annually from Minnesota ’ s iron ore deposits . The companies that operate the mines include ArcelorMittal , Cleveland-Cliffs Inc ., Steel Dynamics , and U . S . Steel .
During normal economic conditions , Minnesota ' s iron mines directly contribute $ 1.1 billion to the economy of Minnesota every year in the form of purchases , wages and benefits , taxes , and royalties . Subsequent business impact induced as the result of iron mining is responsible for more than an additional $ 2.1 billion — making the total economic impact $ 4 billion on the state and region ’ s economy . The mines directly employ approximately 4,000 hardworking men and women , with more than 8,000 others employed by vendors and suppliers .
Part of the direct impact to the economy includes taxes and royalties paid by the iron mining industry . Taxes payable in 2012 equaled $ 107.4 million . Distribution of those taxes included $ 49.1 million towards Minnesota ’ s education – $ 36.6 million to K-12 and $ 12.5 million to the University Trust Fund .
This effect on the economy is expected to increase with upgrades to existing mines and the addition of new iron mining initiatives .
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