A local company, led by a group of familiar Iron Range names, has successfully secured a portion of the assets of ERP Iron Ore with the hope of reviving scram mining operations.
Scram mining previously was conducted on the West Range by Magnetation, a company experiencing rapid growth from 2008 to 2015. The firm got its start extracting ore from existing waste piles and tailings basins.
By early 2015, the company employed more than 400 people among four operations. Not long after, plummeting iron ore prices left the mining firm insolvent. When Magnetation declared bankruptcy, its assets included Plant 1 near Keewatin, Plant 2 in Taconite, the Jesse Load Out Facility and the newly built Plant 4, just north of Grand Rapids. There also was a …
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