Friday, November 26, 2010

Local Interested in Minnesota Steel Project

Rainy River Futures Development Corporation is taking great interest in a steel project in Minnesota's Iron Range.

Geoff Gillon says the Essar Steel project is something that could have direct benefits to Fort Frances.

"Not only are we a community in northwestern Ontario that has the current mining activity, whether its Rainy River Resources or the Hammond Reef in Atikokan, they're all within 100 mile radius," says Gillon, "we also have the East Indian company of Essar Steel spending over a billion dollars 150 miles south of Fort Frances."

Gillon says they'll be meeting with company officials in the coming months to better determine exactly how local businesses can benefit