Taconite Build-Up On The Mesabi - Five Producers On Stream, One To Go

As one surveys the extensive taconite operations on the Mesabi Range, he may find it difficult to believe that only 15 years ago, the iron ore mining industry here was staring at its own imminent demise. Due to the high demands for iron ore during World War II the postwar period of 1946-1950, and the subsequent "police action" in Korea, there was rapid consumption of the Mesabi's already depleted ores, and some economists were giving the Range only 20-25 years of life. In the 13-year period 1941-1953, more than 850 million tons of iron ore were shipped to steel mills, an amount almost equal to the total production during the preceding 30 years. Proven ore reserves dropped from 1.1 billion tons in 1940 to 8.3 million tons in 1954, the largest decrease being recorded in the famed direct shipping ores.