The minerals contained in the deposit include copper, nickel, platinum, silver, palladium, and titanium.
The NorthMet Deposit is located at the eastern end of the Mesabi Iron Range in St. Louis County, Minnesota near the cities of Babbitt and Hoyt Lakes.
[1] Geologists have discovered that the deposit contains copper, nickel, silver, platinum, titanium, and palladium.
[2] Geologists estimate that the deposits totals about four billion tons and could be worth of one trillion dollars.
[2] The precious metals contained within the deposit are essential for items such as computers, cell phones, and cars.