Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: TigerPaw who wrote (237338)	3/13/2002 1:38:03 PM
From: DMaA	Read Replies (1) \| Respond to of 769670

True which is why elaborate plants and processes were built some 30 years ago to high-grade the taconite and package it into pellets with very consistent I think about 60% iron content. I am told that these pellets are the ideal feed stock and the folks who run the steel mills would prefer to use it exclusively, except for the cost. A process exists, called direct reduction that can produce a pure iron product from taconite. It is apparently uneconomic since no one is rushing to invest in a plant. This has not stopped backers from constantly lobbying the MN legislature to spend tax dollars on such a plant.