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PolyMet Mining, Inc.
P.O. Box 475 County Road 666, Hoyt Lakes, Minnesota, United States

Memberships : NA
Industry : Mining
Basic Member
Since Aug, 2014
About Company

COMPANY OVERVIEW

PolyMet Mining Corp. is a Canadian mine development company focused exclusively on the NorthMet copper-nickel-precious metals project through its wholly owned subsidiary, Poly Met Mining, Inc., a Minnesota corporation. PolyMet’s corporate office is in Toronto, Canada with executive offices in St. Paul and operational headquarters in Hoyt Lakes, Minnesota. Through a long-term lease, the company controls the NorthMet copper-nickel-precious metals ore body. The deposit is located in the Mesabi Range, northeastern Minnesota’s established mining district, and stretches approximately 2.5 miles.

PolyMet also owns and will refurbish and reuse the Erie Plant, a former taconite processing facility located some six miles from the deposit.

The NorthMet project is in the midst of a comprehensive environmental review and permitting process to develop a new mine and restore an existing mining facility. PolyMet’s proposal includes using modern mining techniques to minimize environmental impacts while creating jobs, generating tax revenue and, ultimately, producing the metals we need in everyday life.

PolyMet’s commitment is to design, build and operate the NorthMet project in a way that protects the surrounding environment, fosters a healthy, safe and rewarding work environment, and creates value for all our stakeholders.

Our team includes many third- and fourth-generation miners – people whose experience in environmentally responsible mining demonstrates our commitment to investing in the health of our region and making this a great place to live for generations to come.


DESCRIPTION:

HISTORY:

PolyMet Mining is focused on developing the NorthMet project, a proposed copper-nickel mine that will generate hundreds of jobs and provide important metals we use every day. Construction and operation of the project will be the culmination of ten years of acquiring assets, developing and approving plans and permitting to protect the surrounding environment, building community awareness and support, and detailed construction engineering and operational planning.

1989 : PolyMet leases NorthMet mineral rights from US Steel.

1990s :Research begins, investigating the use of alternative processing technology to process ore within the Duluth Complex.

2000: PolyMet gains full rights to the NorthMet deposit located within the Duluth Complex and begins a pre-feasibility study to advance the NorthMet project.

2004: PolyMet begins environmental review process.

2005: PolyMet acquires the Erie Plant, located six miles west of the NorthMet deposit.

2006: PolyMet’s shares are listed on the American (now NYSE MKT) stock exchange. Bateman Engineering publishes NorthMet Definitive Feasibility Study. PolyMet acquires infrastructure, property and associated rights, linking the NorthMet deposit and the Erie Plant.

2007: PolyMet’s shares are listed on the Toronto Stock Exchange.

2008: PolyMet enters a strategic marketing and financial agreement with Glencore International, one of the world’s leading integrated producers and marketers of commodities.

2010 : Draft Environmental Impact Statement goes on public notice.

2012: Jon Cherry, an environmental engineer with a strong track record of mine permitting in the United States, is appointed president and chief executive officer.

2013-2014 : The NorthMet supplemental draft Environmental Impact Statement (SDEIS) is completed and posted to the Minnesota Department of Natural

Resources website. The public comment period runs from December 14, 2013 to March 13, 2014, including three public meetings.

Today: The Environmental Protection Agency (EPA) releases its rating of the PolyMet project SDEIS on March 13. The EPA gives the project an EC2 rating, providing feedback and guidance to the co-lead agencies to make improvements to the SDEIS.

CONTACT DETAILS

PolyMet Mining, Inc.

P.O. Box 475 County Road 666 Hoyt Lakes, MN 55750 United States

Ph: 218-471-2150

Email : info@polymetmining.com

Web: http://www.polymetmining.com/

Company NamePolyMet Mining, Inc.
Business CategoryMining
AddressP.O. Box 475 County Road 666
Hoyt Lakes
Minnesota
United States
ZIP: 55750
PresidentNA
Year EstablishedNA
Employees50
MembershipsNA
Hours of OperationMon - Fri: 7:00 am - 5:00 am
Company Services
  • Mine Development
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