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Mesabi Metallics Direct Reduction Iron Ore Mine and Pellet Plant

Sector: Steel • Location: Nashwauk, Minnesota, United States

Source: Business News This Week

Project
Under Construction

Mesabi Metallics Company LLC, backed by Essar Group, is developing a world-scale Direct Reduction (DR) grade iron ore mine and pellet plant in Nashwauk, Minnesota. The project spans over 16,000 acres and aims to become a major domestic source of DR-grade iron ore for energy-efficient and environmentally sustainable steelmaking using electric arc furnaces. The project is one of the largest private-

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The project “Mesabi Metallics Direct Reduction Iron Ore Mine and Pellet Plant” is an infrastructure initiative in the Steel sector, located in Nashwauk, Minnesota, United States. Taiyo aggregates data on it from Business News This Week.

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Description

Description

Mesabi Metallics Company LLC, backed by Essar Group, is developing a world-scale Direct Reduction (DR) grade iron ore mine and pellet plant in Nashwauk, Minnesota. The project spans over 16,000 acres and aims to become a major domestic source of DR-grade iron ore for energy-efficient and environmentally sustainable steelmaking using electric arc furnaces. The project is one of the largest private-sector industrial investments in Minnesota, with over 800 construction workers currently employed and over $2 billion invested in equity by Essar Group.

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