Careers

Working with PolyMet

When fully operational, PolyMet will create approximately 360 full-time, stable jobs with an estimated annual payroll of about $36 million. PolyMet will employ a vast array of mining and business professionals to support its activities, providing a variety of careers with possibilities for advancement.

From engineers to accountants and shovel operators to information technology professionals, all PolyMet employees will have the opportunity to provide the U.S. economy with the critical, valuable minerals used in daily life and to contribute to the local communities in which they life.

PolyMet is committed to providing a safe, friendly work environment. The company will use new, state-of-the-art technologies and create a challenging and rewarding work experience.

PolyMet values integrity, honesty and a commitment to excellence.

ECONOMIC BENEFIT

Strengthening the Local Economy

PolyMet will generate significant economic benefits—both during construction and after operations begin.

The construction project will require approximately 1.25 million hours of construction labor. When fully operational, the plant will create 360 full-time jobs with an estimated economic benefit of $36 million.

It has been estimated that more than 500 spin-off jobs will be created in St. Louis County alone, generating an annual economic benefit of about $242 million. The project is expected to generate tens of millions of dollars annually in federal, state and local taxes.

Creating Jobs across the Nation

PolyMet not only will create jobs in Minnesota, it also will contribute to the nation's economy. PolyMet will be purchasing tens of millions of dollars worth of highly specialized equipment, much of which is manufactured in the United States.

These jobs, in turn, will help stimulate the economy in the communities where workers live.

Maintaining Economic Stability

Because metals are global commodities subject to cyclical prices, PolyMet developed this project using conservative assumptions about the prices it will receive for the metals it produces. The feasibility study demonstrates that PolyMet will be sustainable at lower metal prices.

For example, PolyMet's feasibility study uses a copper sales price that is less than 40% of the average copper price in 2007; for nickel, the feasibility study used a price for nickel that was about a third of the average nickel price in 2007. These conservative assumptions will allow PolyMet to operate profitably even during downturns in the global metal markets.