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Minnesota Governor Puts Support Behind Firm's Effort to Revive Stalled Iron Ore Project

"After very careful review of Chippewa's progress to date, I believe that they have substantially satisfied its obligations to the bankruptcy court and the state of Minnesota," Dayton said. "Their progress has been very significant. Their securing the necessary financial commitments has been most impressive. [And] their negotiations for an off-take agreement with a Chinese company could open an entire new market for Range production."

The Star Tribune has the full story here.