The United Taconite mine is located on Minnesota’s Mesabi Iron Range in and around the city of Eveleth, Minnesota.

The Mesabi Iron Range is a mining district in northeastern Minnesota following an elongate trend containing large deposits of iron ore. It is the largest of four major iron ranges in the region collectively known as the Iron Range of Minnesota.

There are three iron ranges in northern Minnesota, the Cuyuna, the Vermilion, and the Mesabi. Most of the world's iron ore, including that contained in northern Minnesota, was formed during the middle Precambrian. During this period, erosion leveled mountains. This erosion released iron and silica into the waters of a new sea. Marine algae living in this new sea raised the level of atmospheric oxygen. This oxygen catastrophe caused the eroded iron to precipitate into the banded iron formations found in northern Minnesota and other members of the Animikie Group. Over billions of years, geological forces left behind ore deposits of varied quality and concentrations – differences that would determine how the ore was mined from place to place. On the Mesabi Range, stretching 100 miles (160 km) from Grand Rapids to Babbitt, soft ore lay close to the surface, where it could be scooped from open pit mines.

The overall structure of the range is that of a monocline dipping 5 to 15 degrees to the southeast. Key faults include the Calumet, La Rue, Morton, Biwabik, and the Siphon. The Duluth Gabbro complex to the east has caused metamorphic changes in the Biwabik formation. The natural iron ores and the magnetite taconites occur in this Precambrian Biwabik formation, which is a cherty layer 340–750 feet (100–230 m) thick. The natural ores are located in elongated channels or tabular deposits, while the magnetite taconites occur in stratigraphic zones. Natural ores have an iron content of 51 to 57 per cent while the pellets contain 60 to 67 per cent. The natural ores are mainly mixtures of hematite and goethite.

United Taconite operations consist of an open pit truck and shovel mine where two stages of crushing occur before the ore is transported by rail, operated by CN, to the plant site.

The concentrator utilizes rod mills and magnetic separation to produce a magnetite concentrate, which is delivered to the on-site pellet plant. From the plant site, pellets are transported by CN rail to a ship loading port at Duluth, Minnesota, operated by CN.