PolyMet Mining, Inc. Email Format
MiningMinnesota, United States11-50 Employees
PolyMet Mining, Inc. is a Canadian mine-development company focused on the NorthMet copper-nickel-precious metals project through its Minnesota subsidiary, Poly Met Mining, Inc. The NorthMet ore body sits in the Mesabi Range of northeastern Minnesota, extending about 2.5 miles, and PolyMet holds a long-term lease to develop it. The company intends to refurbish and reuse the Erie Plant, a former taconite processing facility located roughly six miles from the deposit. Its corporate presence spans Toronto for the corporate office, with executive offices in St. Paul and operational leadership in Hoyt Lakes, Minnesota. The NorthMet project is advancing through environmental review and permitting, with a plan to use modern mining techniques to minimize environmental impacts while creating jobs and tax revenue. PolyMet positions itself as a focused developer within the mining industry, aiming to bring copper, nickel, and related metals to markets. A notable recent development is the formation of a joint venture with Teck Resources to advance the NorthMet deposit. The company has been publicly traded on the NYSE American and the Toronto Stock Exchange, reflecting its cross-border corporate structure.