Some investors have pulled out of a major frac sand project proposed for Winona County of southeastern Minnesota after losing a critical vote, according to Wisconsin-based WEAU TV.
Rick Frick is one of two remaining principals in Minnesota Proppant. He told the Star Tribune the other investors got fed up and decided to focus on Wisconsin, which he says is much friendlier to the industry than Minnesota.
Frick says he’ll find another site if the city of St. Charles doesn’t want the plant.
The St. Charles City Council on Tuesday refused to go along with the proposal, which was envisioned as the world’s largest frac sand processing and rail-loading facility.
Analysts say that Minnesota’s rules are more stringent than Wisconsin’s. They could become even stricter under proposals being debated by the state legislature.