SOURCE: Industrial Info Resources

Industrial Info Resources

January 19, 2010 05:00 ET

Rio Tinto Given Go-Ahead for Controversial Michigan Nickel-Copper Mine, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - January 19, 2010) - Researched by Industrial Info Resources (Sugar Land, Texas) -- After seven years of delays, Kennecott Eagle Minerals Company (Ishpeming, Michigan), a subsidiary of Rio Tinto (NYSE:RTP) (London, England), last week received the green light to begin construction of a grassroot nickel and copper mine near Michigamme, on Michigan's Upper Peninsula (U.P.). Concerns about the environmental impact of the mine, as well as disturbance to Eagle Rock, a site considered sacred by the local Anishnabe people, were at the heart of the delays. In addition to the construction of the mine, Kennecott is also planning to refurbish a former iron ore mill in nearby Humboldt (about 12 miles away) to support the activities of the new mine.

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