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Iron Ore Plant to Indiana

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A 350-million dollar iron ore plant is coming to northern Indiana. Magnetation LLC of Grand Rapids, Minnesota, will build its plant at the site of an abandoned VeraSun Energy ethanol plant in the White County community of Reynolds. The company says the new facility will produce high quality iron ore pellets, raw material in the steelmaking process and anticipates the plant to become operational late this year or early next year and employ about 100 to 120 people. Reynolds is about eighty miles south of Gary.
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