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Minntac celebrates completion of major shovel project

WDIO
Created: July 14, 2021 06:41 AM
A $110 million dollar investment in the future of Minntac is now complete, and already helping make pellets.
A multi-year project included six shovel rebuilds and two brand new shovel builds.
Jay Sanders, who s known as Colonel around the mine, was in shovel 9 on Wednesday, which is one of the rebuilds. Anytime the company invests, is a good sign, he told us.
Minntac celebrated their shovel rebuild project on Wednesday, with the final shovel ready to start work on Friday.
WDIO
Mike Bakk, the Reliability Director for U.S. Steel Minnesota Ore Operations, said the rebuilds will add 15+ years to the life of the shovels. We re very excited to see this happen. They did add things to improve safety for the operators and the maintenance folks. Plus they re more productive and more reliable now. ....

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A career of service to steelworkers

A career of service to steelworkers
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A steel of a deal

A steel of a deal
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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
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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 its funder Mumbai, India-based Essar could only provide $100 million half the required amount in immediately available funds by a May 1 deadline because of the COVID-19 crisis in India was a deliberate choice and not bad fortune. ....

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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 company s claim that its funder Mumbai, India-based Essar could only provide $100 million half the required amount in immediately available funds by a May 1 deadline because of the COVID-19 crisis in India was a deliberate choice and not bad fortune. ....

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