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Additional leases or not, Mesabi Metallics said it will finish pellet plant, mine - Vimarsana News

Additional leases or not, Mesabi Metallics said it will finish pellet plant, mine

Some remain skeptical. But Mesabi said its parent company, Essar, is debt-free and committed to finishing what it started 15 years ago.

DNR: Mesabi Metallics lender not credible | Duluth News Tribune - Vimarsana News

DNR: Mesabi Metallics lender not credible | Duluth News Tribune

State agency says additional requirements not met, continues lease termination. 6:18 pm, May 20, 2021 × A crane sits next to the partly constructed Mesabi Metallics pelletizing building. (2018 file / News Tribune) Minnesota regulators reiterated their plans to strip leases from Mesabi Metallics, the proposed iron ore mine and half-built processing plant in Nashwauk, calling the company's lender not credible and discrediting its excuse for not putting up enough cash on time. In a letter to the company Wednesday, DNR Assistant Commissioner Jess Richards said the company's claim that ...

DNR says lender not credible for proposed iron ore mine in northeast Minnesota - Vimarsana News

DNR says lender not credible for proposed iron ore mine in northeast Minnesota

State agency says additional requirements not met, continues lease termination. 1:22 pm, May 21, 2021 × A crane sits next to the partly constructed Mesabi Metallics pelletizing building. (2018 file / News Tribune) DULUTH -- Minnesota regulators reiterated their plans to strip leases from Mesabi Metallics, the proposed iron ore mine and half-built processing plant in Nashwauk, calling the company's lender not credible and discrediting its excuse for not putting up enough cash on time. In a letter to the company Wednesday, May 19, DNR Assistant Commissioner Jess Richards said the com...