00:00Once completed, Mesabi Metallic's new steel plant will produce 10 million tons of steel per year
00:06using iron ore from the company's Minnesota mine.
00:09And Minnesota has, I will tell you, they maybe have a lousy governor, but they have great iron ore.
00:15They have one of the worst governors in history, a real stupid guy.
00:19But they do have good iron ore, which is more important, I guess.
00:23But it's the first new iron ore mine in the United States in more than 50 years
00:27with the highest quality ore.
00:31In other words, this steel will be mined, melted, and made right here in the USA,
00:36which is something very unusual.
00:38The project is expected to create up to 6,000 new construction jobs,
00:43nearly 2,000 manufacturing and mining jobs,
00:47and add another $95 billion to the U.S. economy,
00:51which is the number one economy in the world by far.
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