Mesabi Metallics Iron Ore Mine and Pellet Plant Project
One of 10,000+ projects Taiyo tracks in Minnesota.
Source: ET Manufacturing
Development of a direct reduction (DR) grade iron ore mine and pellet plant in northern Minnesota, aimed at strengthening domestic steel supply chains in the United States. The project covers more than 16,000 acres with a total investment of about $2.5 billion and targets commercial operations in Q3 2026.
- Status
- Under Construction
- Sector
- Metal, Steel, Manufacturing (Industrial), Commercial
- Location
- Minnesota, United States of America
- Updated
- 22 Jul 2026
- Source
- ET Manufacturing
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Project Information
Participants
| Not available for this record. |
Status
Original status | under construction |
Taiyo status | Under Construction |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Development of a direct reduction (DR) grade iron ore mine and pellet plant in northern Minnesota, aimed at strengthening domestic steel supply chains in the United States. The project covers more than 16,000 acres with a total investment of about $2.5 billion and targets commercial operations in Q3 2026. |
Original sector | Industry |
Budget |
Location
Country | United States of America (USA) |
State | Minnesota |
Source
Source | ET Manufacturing |
URL |
More Details
Record type | Project |
Sector | Metal, Steel, Manufacturing (Industrial), Commercial |
Article published date | 2026-04-03 |
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