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Mesabi Metallics Finds Potential Pellet Customers in China
01/30/2018 - Iron ore investor Tom Clarke, who is attempting to revive the stalled Essar Steel Minnesota taconite project, tells the Duluth (Minn.) News Tribune newspaper that he has preliminary off-take agreements with Chinese steelmakers.
According to the newspaper, those agreements cover roughly 3.5 million tons worth of taconite pellets, about half of the 7 million tons it plans to produce. The remaining half will be fed into an on-site direct reduction plant.
The News Tribune has the more from the interview here.
