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.
Stay updated with breaking news from India Based Essar. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Some remain skeptical. But Mesabi said its parent company, Essar, is debt-free and committed to finishing what it started 15 years ago.
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 ...
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...