By Mike Hughlett, Star Tribune Utility regulators Thursday approved a Minnesota Power proposal to cut rates by 5 percent for its struggling large customers — particularly taconite mines. But regulators essentially put off a decision on a plan that would fund the industrial rate cut with a 10 percent rate increase for residential customers. The Minnesota Public…
Read more »by Dee DePass, Star Tribune This week, Minnesota’s Congressional Delegation proudly announced that The United States International Trade Commission (ITC) has launched new trade tariffs against seven nations that are designed to thwart the illegal dumping of underpriced steel products- a practice that badly hurt Minnesota’s Iron Range and U.S. steel producers. While new tariffs…
Read more »by Associated Press United Taconite has resumed producing pellets on northeastern Minnesota’s Iron Range. Cleveland-based Cliffs Natural Resources earlier announced it would restart operations in August at its United Taconite mining facilities, two months earlier than previously announced. WDIO-TV reports production resumed this week. The mine in Eveleth and the processing plant in nearby Forbes…
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