SF 3110

Introduction - 94th Legislature (2025 - 2026)

Posted on 04/02/2025 09:40 a.m.

A bill for an act
relating to energy; appropriating money for study on feedstock for next generation
iron ore industry.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. new text begin APPROPRIATION; NATURAL RESOURCES RESEARCH INSTITUTE.
new text end

new text begin (a) Notwithstanding Minnesota Statutes, section 116C.779, subdivision 1, paragraph (j),
$750,000 in fiscal year 2026 is appropriated from the renewable development account in
the special revenue fund under Minnesota Statutes, section 116C.779, subdivision 1, to the
Board of Regents of the University of Minnesota for the Natural Resources Research Institute
to study new feedstock resources for a globally competitive, next generation iron ore industry.
new text end

new text begin (b) The study must include but is not limited to quantification and characterization of
resources related to iron ore, energy, water, hydrogen, biomass, carbon materials, process
technologies, transportation, and manufacturing infrastructure that would also support
cross-coupling of iron production with industries such as liquid fuels and ammonia.
new text end

new text begin (c) The Natural Resources Research Institute must submit the results of the study and
an interim report to the chairs and ranking minority members of the legislative committees
with jurisdiction over energy policy and finance by May 15, 2027, and a final report by
May 15, 2028.
new text end