The economic impact of Iron Range mining extends far beyond northeastern Minnesota's 110-mile long iron formation.
Iron ore mining contributes about $3 billion each year to Minnesota's economy. It helps support more than 11,200 jobs statewide. And it contributes more than $188 million each year to the state economy in taxes and royalties.
PolyMet's $954 million copper-nickel project near Hoyt Lakes is the birth of a new mining industry. PolyMet itself will generate a $515 million annual benefit within St. Louis County, create 360 direct jobs and more than 1,000 direct and indirect jobs.
Mining has for more than 130 years been a meaningful driver for businesses, organizations and people in northeastern Minnesota and the state.
Former Iron Rangers who today are prominent leaders in the Twin Ports, say their upbringing on the Iron Range and their close connections to mining, have helped them achieve both personal and professional success.