RE: RE: RE: Near-Term Catalyst Diminishes “A project like ours takes seven to ten years to get through development, review and permitting. A project of our size with the obvious environmental sensitivities is probably on the longer end of that average,” said Bob McFarlin, Twin Metals’ vice president of public and government affairs.
But the company is committed to the project, regardless the hurdles it faces and the time it will take to go from planning — it’s currently in pre-feasibility study — to production.
“We’re plugging away every day. We’re taking a deliberate approach to do our work thoroughly, and to do it well,” McFarlin said.
But even though Twin Metals is three years or more away from a start-up projection of 2016, the company is still producing jobs. It has already invested more than $160 million into the project and hired more than 40 Minnesota-based employees at its offices in Ely, Babbitt and Minneapolis. In addition, 200 people are hired with consulting and contractor jobs.
https://www.virginiamn.com/business_industry/article_4161fa54-8793-11e2-899e-001a4bcf887a.html