Mesabi Metallics Direct Reduction Iron Ore Mine and Pellet Plant
Sector: Steel • Location: Minnesota, United States
Source: newsdrum.in
Mesabi Metallics Company LLC, an Essar Group company, is developing a Direct Reduction (DR) grade iron ore mine and pellet plant on more than 16,000 acres in northern Minnesota. The project aims to establish a domestic source of DR-grade iron ore to supply electric arc furnace steelmakers in the United States, strengthening domestic steel supply chains and reducing reliance on imports. The company
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Status
Original status | under construction |
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Description
Description | Mesabi Metallics Company LLC, an Essar Group company, is developing a Direct Reduction (DR) grade iron ore mine and pellet plant on more than 16,000 acres in northern Minnesota. The project aims to establish a domestic source of DR-grade iron ore to supply electric arc furnace steelmakers in the United States, strengthening domestic steel supply chains and reducing reliance on imports. The company is investing about USD 2.5 billion in the mine and pellet plant, with over 800 construction workers currently on site. |
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Original Currency | USD |
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Data quality score | 100% |
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