IRONWOOD, Mich. (WSAU) - Gogebic Taconite has put its plans for a huge iron ore mine in northern Wisconsin on hold while legislators consider plans to streamline mining regulations.

But, it’s still reached a tentative deal to buy 1-point-2 million gallons of water each day from Ironwood, Michigan, 22 miles away. Ironwood city officials say they can generate three times that much water each day, so the agreement would be a good money-maker for the city in Michigan’s Upper Peninsula.

The Wisconsin Legislature’s budget committee is expected to vote on a bill this week to move Gogebic Taconite plans for the mine forward.