On Air Now

Upcoming Shows

Program Schedule »

Tune in to Listen

650 AM Hibbing, Minnesota

Weather

Current Conditions(Hibbing,MN 55746)

More Weather »
42° Feels Like: 42°
Wind: SSW 0 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Today

Partly Cloudy 70°

Tonight

Mostly Clear 52°

Tomorrow

PM Thunderstorms 75°

Alerts

  • 0 Severe Weather Alerts
  • 0 Cancellations

Magnetation Gets Money - Lots Of Money!

by
Money
Money

Duluth, MN (KDAL) - Magnetation L-L-C announced yesterday it had fallen into a pot of secured credit worth $110,000,000.  The cash was arranged by JP Morgan, no stranger to the mining industry, and allows Magnetation to go ahead with Phase Two plans to build an iron nugget plant in Reynolds, Indiana.  That facility would produce a high grade nugget from raw ore Magnetation is reclaiming from waste mine dumps on the Iron Range.

Comments