Kennecott Minerals
Kennecott Eagle Minerals Company is really Kennecott Minerals, a wholly owned subsidiary of London-based Rio Tinto. The corporation is based out of Utah where they have the largest mine near Salt Lake City. They opened up shop in Marquette once it was known they would persue the Eagle deposit in 2003 and then became Kennecott Eagle Minerals Company (KEMC).
KEMC has been very active in their public relations strategies and has spent big dollars putting ads in the paper and "donating" to the local TV stations. They have also put money down in lobbying the Governor herself. Check out this article about their lobbying costs. We do know that this project is worth billions and the company is very keen on making sure it comes to fruition. But it did come to somewhat of a surprise that just days after the MDEQ announced they would grant Kennecott three permits to mine on the Yellow Dog Plains, the company announced there are six other prospects in the areas ajdacent to Eagle Project. No activity through the permitting system has begun as of this writing but the company has said they are looking to become the world's top producers of nickel. With no other nickel projects in the U.S., it seems likely their interest in finding other prospects near Eagle remains extremely high. Click here to read the full article. The company purports a level of integrity that is far from the truth. They still use the same tactics that all companys do to convince you that you need them. Bookmark this page to see updates on Kennecott Related news articles.