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Mesabi Metallics Iron Ore Mine and Pellet Plant

One of 10,000+ projects Taiyo tracks in Minnesota.

Source: Rediff MoneyWiz

Project
Under Construction

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 strengthen US steel supply chains and reduce reliance on imports. The facility is expected to supply electric arc furnace steelmakers and is the first

Status
Under Construction
Sector
Steel, Metal
Location
Minnesota, United States of America
Updated
22 Jul 2026
Source
Rediff MoneyWiz

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Project Information

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The project “Mesabi Metallics Iron Ore Mine and Pellet Plant” is an infrastructure initiative in the Steel sector, located in Minnesota, United States. Taiyo aggregates data on it from Rediff MoneyWiz.

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

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 strengthen US steel supply chains and reduce reliance on imports. The facility is expected to supply electric arc furnace steelmakers and is the first new mine and pellet plant in Minnesota in nearly 50 years.

Original sector

Mining

Budget

Location

Country

United States of America (USA)

State

Minnesota

Source

Source

Rediff MoneyWiz

URL

More Details

Record type

Project

Sector

Steel, Metal

Article published date

2026-04-08

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