PolyMet Mining Corp. is a development stage company, which is engaged in the exploration and development of natural resource properties. The Company's primary mineral property and principal focus is the commercial development of its NorthMet Project, a polymetallic project in northeastern Minnesota, United States of America, which hosts copper, nickel, cobalt, gold, silver, and platinum group metal mineralization. The NorthMet Project comprises two key elements: the NorthMet deposit and the Erie Plant. The NorthMet deposit is situated on mineral leases located in St. Louis County in northeastern Minnesota, approximately 70 miles north of the City of Duluth and approximately 6.5 miles south of the town of Babbitt. The Erie Plant is approximately six miles west of the NorthMet deposit. The NorthMet Project is located immediately south of the eastern end of the historic Mesabi Iron Range and is in proximity to a number of existing iron ore mines.
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