County approves land for Mountain Iron project

The St. Louis County Board on Tuesday gifted a plot of tax-forfeited land to the city of Mountain Iron for a proposed $70 million wood-products manufacturing plant.

The approval came after weeks of debate between Iron Range members on the county board over future mineral rights on the site, especially waste iron ore from old mining operations that might someday be recovered.

Attorneys hashed out an arrangement, however, that will let the state and local taxing authorities retain rights to any minerals on the land while still allowing for the land exchange and development.

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One thought on “County approves land for Mountain Iron project

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