HIBBING, MN — A lawsuit has been filed against U.S. Steel over a piece of land the company controls that could extend the declining lifespan of Hibbing Taconite.
According to the Mesabi Daily News, the lawsuit aims to break up a series of mineral leases that could extend HibTac’s life for more than a decade.
Glacier Park Iron Ore Properties filed the suit against U.S. Steel in Hibbing on Monday saying the steel company illegally obtained a long-term mineral lease from the former Great Northern Iron Ore Properties Trust in 2010.
Mesabi Daily News reports the land in question would provide about 500 million tons of resources and seven to 12 years of mining for Hibbing Taconite.
As previously reported, the mine, which is owned by ArcelorMittal, Cleveland-Cliffs and U.S. Steel, is running out of resources.
Union representatives told CBS 3 the current life expectancy of the mine is five to six more years.
Stay with CBS 3 as we continue to follow this story.