Mesabi Metallics Monetizes Portion of Royalty Interest for $265 Million

Mesabi Metallics Monetizes Portion of Royalty Interest for $265 Million

The $2.5 billion world-scale, low-cost DR-grade iron ore mine positions U.S. steel industry to break free from foreign imports from Brazil and other countries NASHWAUK, Minn., June 2, 2026 /PRNewswire/ -- Mesabi Metallics Company LLC (Mesabi...

Mesabi Metallics Secures $150 Million from Macquarie Group

Mesabi Metallics Secures $150 Million from Macquarie Group

Latest financing builds on recent capital momentum for structurally important American iron ore project NASHWAUK, Minn., April 6, 2026 /PRNewswire/ -- Mesabi Metallics Company LLC (Mesabi Metallics), backed by Essar Group, today announced that it...

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