by Duluth News Tribune
August 29, 2010 at 7:00 pm in Duluth News Tribune
A Coleraine company has announced plans to distribute taconite tailings nationwide for use on highways and construction projects.
Tags: Business, coleraine, construction, Iron Range, mining, taconite 1 Comment »
This article doesn’t make a whole lot of sense. Announcing plans, conducting studies, declaring marketability, and testing locally doesn’t deliver product. As the article pointed out, the hangup for companies trying to use tailings has been transportation. I don’t see how that has changed, as ships still arrive empty and leave full of taconite, wheat, coal, and other high value products. Other articles in this edition of the paper indicate shippers are busy, and that it is unlikely that ships will be available to haul rock and earn a profit.
Rail is too expensive to make it profitable, and if delivery of aggregate to the gulf coast is the objective, it is cheaper to obtain it in Missouri and ship it by barge on the Missouri River. Sorry to burst any bubbles, but unless the objective is to get more grant money for studies, it isn’t likely to happen.
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