Sandstorm brings you updates on the frac-sand boom in Minnesota.

A frac sand crash in St. Charles splits investors

Posted by: Tony Kennedy Updated: March 14, 2013 - 11:33 AM

The collapse of a major frac sand proposal in Winona County has caused a split among investors in the project, with one faction pulling out in frustration over Minnesota’s anti-frac sand sentiment.

“Me and my partners split up. They went to Wisconsin,” said Rick Frick, one of two remaining principals in Minnesota Proppant LLC. “Were they fed up? Yes, that had a lot to do with it.”

Click here to see the whole story at startribune.com

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