Approach
Economic
The Upper Peninsula’s economy has historically relied on its natural resources and Rio Tinto is proud to be leading the resurgence of mining activity in the area. In building Michigan’s first new mine in decades, we’re dedicated to supporting the local community through both job creation and expenditures.
Once in operation, Eagle will directly employ more than 230 people, with a goal of at least 75% local hires. With an estimated annual payroll of $21 million per year, our employees will contribute to the local economy through purchases in homes, vehicles, groceries, healthcare, entertainment and more. The capital investment of the Eagle Project will be more than $469 million. To see where we are at to date, view our recent local hires update here.
