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Iron Processing Plant in Development for Minot’s Energy Park
A new chapter in North Dakota’s industrial story may soon be written in iron and natural gas. North American Iron plans to build a $2 billion, 730-acre pig iron plant in Minot — the first of its kind in the United States. Founder Jim Bougalis says the state’s abundant gas supply, business-friendly climate, and carbon storage potential sealed the deal. The project could create 650 jobs in North Dakota and help shift the U.S. steel industry away from reliance on imports from Russia and Brazil. Jill Schramm with Minot Daily News has the full story.
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