Strong steel industry brightens outlook for Allete

The Duluth-based power provider anticipates mines will continue to operate at or near capacity for the remainder of 2021.

During a Wednesday morning earnings call with power industry analysts, Allete Inc. Chair, President and CEO Bethany Owen touted the company's plans to cut carbon emissions 80% by 2035, with the goal of completely eliminating its carbon output by 2050. Allete is the parent company of Duluth-based Minnesota Power.

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