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The company bought 3,200 acres of land from Butlertac Holdings LLC, Mesabi Metallics officials said Tuesday. “It brings us one step closer to completing and running a facility that will provide more than 350 well-paying operations jobs plus 800 spinoff jobs,” Larry Sutherland, Mesabi Metallics Co. LLC, president and chief executive officer said in a news release. Butlertac Holdings is a part of Glacier Park Iron Ore Properties, LLC, according to Dale Kurschner, a Mesabi Metallics spokesman. Glacier Park Iron Ore Properties in 2017 leased 3,200 acres to Cleveland-Cliffs, Inc. However, Mesabi Metallics now owns the 3,200 acres, Kurschner said. That means Cleveland-Cliffs is now leasing from Mesabi Metallics, he said.

United statesDale kurschnerRavikant ruiaLarry sutherlandGlacier park iron ore propertiesButlertac holdingsMinnesota department of natural resourcesEssar global fundUnited states steel corpCliffs incMesabi metallics coMesabi metallicsPark iron ore propertiesBiwabik iron formationButler taconiteItasca county