PolyMet has been given the OK to move ahead with its controversial copper-nickel mine proposed in northeastern Minnesota.
The Minnesota Department of Natural Resources on Thursday said a 3,000-plus page final environmental impact statement for the project is “adequate,” so PolyMet can now start applying for permits to build the mine.
The mine isn’t moving ahead with certainty, though. PolyMet first needs to secure $600 million in financing, which could prove difficult. Its largest owner, Glencore, lost $5 billion last year. Plus, metals prices have been declining recently.
The proposed mine has been a source of tension for years, writes MPR News’ Dan Kraker:
For the past decade that process has pitted conservationists concerned about the potential for severe water pollution against Iron Range communities desperate for an economic jump-start.
Today’s Question: Should PolyMet build its proposed copper-nickel mine?