Mesabi Metallics
Latest News
Mesabi Metallics Secures US$150 Million for American DR-Grade Iron Ore Mine and Pellet Plant
08 April 2026 - Mesabi Metallics Co. LLC along with Essar Group announced it has secured US$150 million of financing from Macquarie Group for the startup of its direct reduction (DR)–grade iron ore mine and pellet plant in Nashwauk, Minn., USA, in the third quarter of 2026.
Mesabi Metallics Finds Potential Pellet Customers in China
30 January 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.
