MINING BILL COULD PROVIDE MAJOR JOB BENEFITS FOR THE STATE

In a recent report, UW Professor David Ward concluded iron
mining can play a major role in the state’s future. He noted
that Ashland and Iron counties contain about 2 billion tons
of iron ore deposits, which is enough to support 100 years
of mining.Gogebic Taconite has proposed spending $1.5
billion to develop an iron mine in the aptly-named Iron
County. Ward says this project would create an estimated
2,200 construction jobs, 700 initial jobs at the mining site
and 1,400 jobs on-site when the mine reaches full capacity.
These jobs would pay an average of  $82,000, which is
more than double the county’s household income of about
$34,000. This mine would therefore be an enormous shot
in the arm for a region that’s been struggling economically
for years. The mining investment is also projected to
generate another 2,100 Wisconsin jobs (4,200 when it
reaches capacity) in industries such as construction
materials, machinery supplies and transportation.
Wisconsin’s utilities support legislation which could allow
a resurgence of growth in the state while protecting the
environment.

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