Overview

• A mystery buyer paid $22.5 million for the property and mining claims of Eagle Mountain, a former iron-mining town in California.
• The town was founded as a company town for Kaiser Steel Mine in 1948 and was once a vibrant hub for Kaiser miners and their families.
• Kaiser announced plans to phase out the mine in the early 1980s, and Eagle Mountain's residents were evicted in 1983.
• The desolate landscape in and around Eagle Mountain has drawn attention from Hollywood, and trucking giant Balwinder S. Wraich plans to develop a truck stop, gas station, and hotel in nearby Desert Center.
• The buyer's plans for the 10,000-acre site are unclear.