But yet, Hill’s influence in building the railroads through the northern states of the continental USA is why we could get oil from the Bakken oil fields. Not to mention turning eastern Montana, North Dakota, and South Dakota into major wheat producers.
I wonder if a guy could get a hold of one of Great Northern’s stock certificates.
--Haywire Mac, 1928
At their peak they mined magnetite, which is a higher grade ore, but the northern deposits were depleted long ago, leaving mostly taconite, which is only 25-30% iron, the rest being mostly silica. After a lot of processing, the taconite is turned into pea sized nodules that are then sent to steel plants.