In year-end report, PolyMet outlines 2017 goals

Friday, April 21, 2017

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In its corporate report for the year ended Jan. 31, PolyMet Mining Corp. updated its plans for establishing a non-ferrous minerals mine near Hoyt Lakes.

“PolyMet has made significant progress during the past year including the state’s adequacy decision for the NorthMet Final Environmental Impact Statement, submission of formal permit applications that are being reviewed by the state, and issuance of the United States Forest Service’s Final Record of Decision on the land exchange,” said Jon Cherry, president and CEO. “From our perspective, the permit application review process is proceeding well. We also completed a private placement with institutional investors, and we appreciate that Glencore demonstrated its continued support by exercising its right to maintain its pro rata ownership.”

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Category: Investors