Wis. Assembly Passes Bill To Clear Path For $2B Iron Mine

Law360, New York (January 27, 2012, 3:58 PM EST) -- A Florida company's bid to build a $2 billion open-pit iron ore mine in northern Wisconsin received a boost Thursday after the Republican-controlled Wisconsin State Assembly passed a bill that would relax iron mining permitting requirements over the objections of conservationists.

Assembly Democrats — who uniformly voted against Bill 426 — have decried the measure for seeking to gut the mining regulatory authority of the state Department of Natural Resources and limiting the public's ability to object to future mining proposals.

The bill, which was introduced...
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