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The Company has Approved a Lease Amendment and Assignment at its Tempe PropertyThe Company has Secured a Tenant Capital Commitment of $3 Million to be Invested in Property ImprovementsSCOTTSDALE, AZ /
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...
Mesabi Metallics, the company in control of the embattled Nashwauk mining project, has just hours remaining to submit financial and offtake agreements to Minnesota regulators before the stateâs Executive Council is set to decide their fate next month. The deadline is part of an amended lease agreement approved by the stateâs top elected officials â including the governor, lieutenant governor, attorney general, secretary of state and auditor â in a controversial extension of terms last December. If Mesabi Metallics makes its Saturday deadline in earnest, the Executive Counc...
Reply February 25, 2021 City Hall – The New York City Council will vote today on legislation that requires the de Blasio Administration to create a plan to vaccinate homebound seniors for COVID-19. The pandemic has been particularly devastating to our seniors, especially those over 75-years-old who are at highest risk for hospitalization and death compared to all other age groups. Sadly, this population has had trouble getting vaccinated because of hurdles getting appointments as well as physical challenges getting to vaccines sites. This legislation will require the Commissioner of the Dep...