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The PolyMet Mining Corporation (formerly Fleck Resources Ltd) (NYSE: PLM, TSX: POM), was an American company focused on mineral exploration and mine development. The company was based in Minnesota , United States with corporate headquarters in Toronto , Canada .
The PolyMet Mine or NorthMet Mining Project is a proposed copper mining and processing operation in the NorthMet Deposit in northeastern Minnesota, United States, [1] six miles (10 km) south of Babbitt, Minnesota. [2]
Glencore already owns 82% of PolyMet Mining and has long been the project's main financial backer. It offered Monday to pay around $71 million to raise that stake to 100%, which would take St ...
The proposed mining project, a 50-50 joint venture with PolyMet Mining and Teck Resources, was renamed NewRange Copper Nickel in February but is still widely known as PolyMet. It seeks to be ...
The U.S. Army Corps of Engineers said Tuesday it has revoked a crucial federal permit for the proposed NewRange Copper Nickel mine in northeastern Minnesota, a project popularly known as PolyMet ...
These minerals would be harvested through the traditional Polymet Mining Corporation process. [1] The problem with mining these types of minerals using this process is that the minerals contain sulfites which can cause acid mine drainage or mercury related problems. This causes the water from the surrounding areas including the Boundary Waters ...
The project's proposed open-pit mine near Babbitt and processing plant near Hoyt Lakes is a a 50-50 joint venture between PolyMet Mining and Canada-based Teck Resources.
Carlson has been fighting PolyMet, a massive mining conglomerate that used sulfide mining, which can pollute water. He asked why Minnesota was doing business with Glencore. He considers PolyMet an example of the Minnesota government's corruption and influence by "monied interests". [33]