Minnesota Steel Industries, LLC, proposes to construct an approximately $1.6 billion mine mouth, electric-arc furnace steel mill, capable of producing 2.5 million metric tons of steel per year. The project is to be located near Nashwauk, at the site of the former Butler Taconite Mining Company operations. The proposed project will vertically integrate all iron mining and manufacturing processes to produce a finished steel product on one site. When finished, it will be one of the cleanest steel mills in the world, and North America's only integrated steel mill.
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