Large Scale-Spending
We are investing $170 million initially and intend to responsibly develop resources with over $1 billion for future economic growth.
More Lasting Careers and Jobs
Our NorthMet project alone is expected to create over 360 family-sustaining, full-time jobs, plus 700 jobs at peak construction, and stimulate other local partner businesses.
Tapping the Potential of St. Louis County
NewRange operates in St. Louis County, MN, which has below-average household incomes and elevated poverty rates compared to the state average.
Tax Revenues for Local Schools and Services
Tax contributions of $34 million at the federal level and $30 million at the state and local levels have the potential to drastically increase school district funding and improve living conditions.