Investing in the Mining Expertise of St. Louis County, Mn
Mining Ore for Over 140 Years
St. Louis County in northeastern Minnesota is an area that has mined ore for over 140 years. America was built with iron first mined here. Yet opportunities have been dwindling. NewRange is the right project in the right place to revitalize an existing skilled workforce and infrastructure to grow the local and state economy.
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, Minnesota, 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 improve living conditions.
Working for better safety, efficiency and inclusion
Our commitment to diversity and community partnerships is evident in our 2024 cooperation agreement with the United Steelworkers and the ongoing commitment to the inherited Project Labor Agreement with the Building Trades. Led by General Manager Tannice McCoy, we take pride in our 30% female workforce and remain dedicated to expanding diversity within our team.