Steel and iron ore producer Cleveland-Cliffs, Inc., is ready to take the keys to the long-languishing mammoth iron ore project near Nashwauk.
Several Iron Range legislators would like nothing better than to see the company in the driver's seat.
âThey've been saying for quite some time now that if they get the leases and get control of the property, they would do a project there,â Sen. David Tomassoni of Chisholm said. âI think what they're saying is real.â
Hours after the state of Minnesota announced action to begin terminating state mineral leases awarded to Mesabi Metallics at the site, Cleveland-Cliffs' President and Chief Executive Officer Lourenco Goncalves responded to the state's action.