IRRRB, University to fund study of ilmenite mining potential
NRRI will evaluate the potential and economic impact of ilmenite mining, northeast of Hoyt Lakes, Minn. It is one of possibly 13 deposits identified in Minnesota with ilmenite potential. Compared to mining other ores, the ilmenite is close to the surface (on the order of 15 foot overburden) so that open pit mining would require minimal stripping.