Mesabi Daily News
The proposed Twin Metals copper/nickel/precious metals mining project near Ely and Babbitt got a big validation of its economic potential in a pre-feasibility study released on Wednesday.
The study was released by Duluth Metals, the project’s 60 percent majority owner.
It shows that the mineral resources in the proposed Twin Metals site would provide a strong financial operating margin. In addition, the ready and in-place mining infrastructure along with an experienced and well-trained workforce adds to its economic viability.