PolyMet says the NorthMet Project will annually produce 72 million pounds of copper, 15.4 million pounds of nickel, 720,000 pounds of cobalt and 106,000 troy ounces of precious metals.
The Clean Energy and Coal Transition Act commits to eliminating the use of coal-fired power by 2035 and to double the amount of renewable energy by 2040.
Iron ore gained for the fourth week in five, as the embattled steelmaking commodity made a push for $50 a tonne, the highest level it's been since mid-November.
The Casino project in the Canadian Yukon Territory passed a major milestone last Thursday with the announcement that the project will move to a higher level of environmental assessment.
The surge in the gold price last week has not resulted in increased buying of the precious metal by the world's two biggest gold clients: China and India.
The United States earned less from its mines in 2015 and became more reliant on outside sources for critical metals, according to a new report from the U.S. Geological Survey (USGS).