Federal agency renews Twin Metals mine leases in Minnesota
MINNEAPOLIS (AP) — The federal Bureau of Land Management on Wednesday renewed mineral rights leases for a proposed Twin Metals copper-nickel mine in northeastern Minnesota, a project that environmentalists fear would spoil the pristine Boundary Waters Canoe Area.
Department of Interior Assistant Secretary for Land and Mineral Management Joe Balash renewed the leases following a 41-day public review and comment period.
"Mining on public lands balances conservation strategies and policies with the need to produce minerals that add value to the lives of all Americans by providing raw materials used in the manufacture of medical aids, automobiles, smartphones and computers, and household appliances," Balash said in a statement. "Mining strategic metals in the United States is beneficial to national security, national and local economies, and job creation."
The leases cover land in the Superior National Forest 9 miles (14 kilometers) southeast of Ely that encompasses vast reserves of copper, nickel and precious metals.
According to Twin Metals Minnesota, the renewed leases add new conditions, including higher annual royalty payments, project milestones and additional environmental requirements.
Twin Metals Minnesota CEO Kelly Osborne calls the lease renewal "a critical step" for the company to present its proposal for an underground mine.
"It's very good news for us and for the communities in northeastern Minnesota who look forward to the hundreds of jobs and major economic development this mine will bring," Osborne said in a statement.
Twin Metals, which is owned by the Chilean mining company Antofagasta, said it plans to submit its mine proposal to state and federal agencies in the coming months for environmental and scientific review.
Environmental groups are...