fbpx

Latest Posts

Home

Facebook

Twitter

Search
About

Minnesota Ranked as 4th Biggest Mining State in 2019

Many people in the Twin Cities are vaguely aware of the fact that Minnesota mines iron ore, but few understand the scale or importance of mining to the communities who develop our iron ore resources, or the important implications it has for our country.

According to the United States Geological Survey (USGS) Minerals Commodities Survey, Minnesota leapfrogged California to become the 4th largest mining state in the country, based on the value of minerals sold. The primary minerals mined were iron ore, lime, sand and gravel (construction), sand and gravel, (industrial), and crushed stone.

Minnesota improved one spot in the ranks compared to last year due to high iron ore prices, which increased from $93 per metric ton in 2018 to $112.15 per ton, an increase of 21 percent.

Between 75 and 85 percent of the iron ore produced in the United States comes from Minnesota, with much of the remainder coming from the Upper Peninsula of Michigan. This makes the Iron Range and important part of America’s national security infrastructure, much as it was during World War II.

Jobs in Minnesota’s iron mining industry are also some of the highest paying jobs in the state. Data from the Bureau of Labor Statistics show 4,006 people worked in the mining industry in 2018, and that the average wages for mining jobs in St. Louis County were $98,954, which is more than twice the average wages for St. Louis County, and 5.85 times more than jobs in the tourism and hospitality industry.

The high wages paid by mining jobs amplify the economic impact of mining throughout the entire economy of the Iron Range. According to the Iron Mining Association’s website, in 2010, each iron mining job supported an additional 1.8 jobs in the greater economy through indirect and induced employment. Using this benchmark would result in iron mining supporting 11,216 jobs throughout northern Minnesota.

I’ll be writing more about the importance of iron mining in the upcoming edition of Thinking Minnesota. You won’t want to miss it.

 

Comments

Subscribe

Categories

Upcoming Events

  • Morning in Minnesota: St. Cloud

    Location: St. Cloud

    Sign up HERE! Courtyard by Marriott St. Cloud 404 West Saint Germain Street St. Cloud, MN, 56301 Please join Center of the American Experiment on Tuesday, July 21 for breakfast with Center policy fellow and education expert Catrin Wigfall as she explains K-12 education in the state and its persistent disparities despite decades of increased spending. Following her presentation, Catrin will lead a Q&A session. 7:30 AM Check In and Breakfast 8:00 AM Presentation 9:00 AM Conclude   Catrin Wigfall is a Policy Fellow at Center of the American Experiment. She is also the director of EducatedTeachersMN and EmployeeFreedomMN. Catrin’s…

    Register Now
  • Morning in Minnesota: Marshall

    Location: Marshall Golf Club

      Sign up for this event HERE! Please join Center of the American Experiment on Thursday, July 16 at Marshall Golf Club for a breakfast with Center economist, John Phelan, as he discusses Minnesota’s economic future. Following his presentation, John will lead a Q&A session. 7:30 AM Check In and Breakfast 8:00 AM Presentation 9:00 AM Conclude John Phelan is a graduate of Birkbeck College, University of London, where he earned a BSc in Economics, and of the London School of Economics where he earned an MSc. He worked in finance for ten years before becoming a professional economist. He…

    Register Now
  • 2020 Annual Dinner Featuring Sarah Huckabee Sanders- Now in September!

    Location: Minneapolis Convention Center Ballroom 1301 2nd Ave S Minneapolis, MN 55403

    NEW SEPTEMBER DATE: We have made the difficult decision to once again move the date of this event. We will now host our Annual Dinner on Saturday, September 19th. All tickets bought for the April 4th, or June 18th dates are transferrable. We are so sorry for any inconvenience this has caused, but we look forward to seeing you on September 19! Direct any questions to Kathryn Hinderaker (kathryn.hinderaker@americanexperiment.org or 612-428-7005).   American President: The Unorthodox Approach to Politics that Changed the World. Sarah Huckabee Sanders served as White House Press Secretary for President Donald J. Trump from 2017 to…

    Register Now