Friday, February 4, 2011

Polyment Cuts Jobs Before Plant Opens

(AP)  There will be no finished copper produced at the proposed Hoyt Lakes Mine. 

Parent company Polymet says cutting the production from the proposal will save $127 million.  It will also mean that 10 percent of the jobs have also been cut.

The company plans to produce metal concentrates that would be processed off-site.  The second phase would process nickel concentrate, also off-site.

In addition to cutting costs, the changes would reduce environmental impacts. 

Eighth District Congressman Chip Cravaack has made opening the plant a top priority.  He wants to hold a closed-door meeting with all interested parties.

AddThis Social Bookmark Button

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home

Subscribe to
Posts [Atom]

Powered by Blogger

 

Home | Schedule | News | Weather | Streaming | Contests | Home Shopping | Obits | Trips | Events | Service

Advertise with Us | About | Contact | Directions | FAQ | Site Map | Links | EEO

Copyright 2007 KLKS. All rights reserved.

Explore Brainerd Lakes

Site Meter