NASHWAUK, MN -- At the beginning of May, the Minnesota Department of Natural Resources announced Mesabi Metallics had not met all requirements set by the state agency.
Then, a few days later, the DNR said it was in the process of withdrawing mineral leases for the Nashwauk project.
Now, Mesabi is saying it's moving forward and planning an event to celebrate construction ramping up.
According to a press release, Mesabi Metallics is holding an event Wednesday at the project site to thank supporters. A number of lawmakers are expected to be in attendance.
The company's new President and COO, Larry Sutherland, will also give a project update.
Sutherland was appointed to the role earlier this week. He brings 45 years of industry experience to Mesabi Metallics.
“I am excited to join Mesabi Metallic’s journey to complete the largest investment program in the history of Minnesota at the former Butler Taconite Mine, where I started my iron ore and steel career about 40 years ago."
According to the company, this project is expected to create more than 1,000 construction jobs in the coming months, 325 operating jobs, and more than 800 spin-off jobs once construction is complete.
We reached out to the Minnesota DNR to get an update on the project. The agency said it is still reviewing documents submitted by the company and no update is available at this time.
Make sure to stay with CBS 3 as we continue to follow this project.