Mesabi Metallics to build $15B steel plant in Iowa, supplied by new Minnesota mine


12 hours ago 6

Minneapolis/St. Paul Business Journal

Mesabi Metallics Minnesota Iron Ore Mine

Mesabi Metallics, an Essar Group company, is building a state-of-the-art mine to support a 7 million ton per year beneficiation plant and a 7 million ton per year pellet plant to produce premium direct reduction grade pellets on over 16,000 acres in Nashwauk, Minnesota.

Mesabi Metallics

Mark Reilly

By

Mark Reilly

– Editor-in-Chief, Minneapolis / St. Paul Business Journal

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The eastern Iowa plant will employ more than 1,750 people and produce 7.5 million tons of steel annually. It will be supplied by iron ore from Nashwauk.

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