mining grants

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mining grants
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Taconite Mining Grants

One in a Series of Division Fact Sheets



Division of Lands and Minerals $ Minnesota Department of Natural Resources $ 2002



What is this program and why is it important? • Cost reduction, energy savings, or value-

The Minnesota Legislature established two Taconite added products (25%)

Mining Grant Programs in 2001 to provide funds • Installation of demonstration technology and

that will lead to improvements in taconite pellet the applicability of that technology to other

quality, reductions in pellet production costs, and Minnesota taconite plants (10%)

investments in value-added products in Minnesota • Critical technical improvements (10%)

taconite plants. The first grants will be awarded in • Availability of private matching funds

September 2002. (10%)

• Environmental emission reduction (10%)

The programs depend on the royalties generated by • Joint proposals by two or more Minnesota

taconite mining on school and university trust lands. taconite companies (10%).

The Legislature established that 20 percent of

school and university land taconite royalties would Grants will be available to all seven Minnesota

be certified as the state’s cost for administering and taconite mining companies:

managing these trust lands. Under the programs, 20 • EVTAC Mining, LLC;

percent of the royalties from each trust land type are • Hibbing Taconite Company;

transferred into the state’s General Fund. Funds are • Ispat-Inland Mining Company;

then appropriated to the Commissioner of the • Minnesota Ore Operations of USX Corp.;

Department of Natural Resources (equivalent to • National Steel Pellet Company;

school trust royalties) and the Director of the • Northshore Mining Company; and

University of Minnesota’s Coleraine Minerals • Cliffs Erie LLC (formerly LTV Mining

Research Laboratory (equivalent to university trust Company).

royalties) to award grants to Minnesota taconite

companies. What projects have been proposed?

While no formal proposals have been made, areas

The program is in effect for royalties generated in of known interest to the state and the taconite

FY 02–06. On September 1, 2002, an estimated companies include:

$600,000 in grant monies will be available from

mining on school trust lands and about $500,000 • High Pressure Roller Press Installation

from mining on university trust lands. The actual • In-pit Magnetic Cobbing and Conveying

amounts will be determined in May 2002. Grant • New Taconite Concentrator Flowsheet

monies in future years will depend on future mining • Pre-classification of Flotation Feed

activity on school and university trust lands. Concentrate

• Rod Mill Feed Cobbing

What are the criteria for the grants, and who is • Use of Hydrated Lime for use in Fluxed

eligible? Pellets

For monies generated from school trust royalties, • Use of Hydrated Lime as a Substitute for

the Department of Natural Resources will issue a Bentonite

Request for Proposals (RFP) in April, with grants • Concentrator Flowsheet Changes from

awarded in September. The DNR will evaluate the Application of Process Models

grant proposals based on the following weighted • Use of Magnetic Flocculation in Hydro-

criteria: separators

• Broad applicability to the taconite industry • Use of Vertimills to Grind Screen Oversize

in Minnesota (25%) in Rodmill-Ballmill plants



www.dnr.state.mn.us


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