Mesabi Metallics New American Iron Ore Mine and Pellet Plant
Sector: Metal • Location: Nashwauk, Minnesota, United States
Source: Essar
Mesabi Metallics Company LLC, backed by Essar Group, is constructing a $2.5 billion world-scale merchant Direct Reduction (DR) grade iron ore mine and pellet plant on more than 16,000 acres in northern Minnesota. The project aims to onshore a strategically important segment of the U.S. steel supply chain and produce premium DR grade iron ore pellets to meet the demand of the Electric Arc Furnace m
- Status
- Under Construction
- Sector
- Metal, Steel, Warehouse
- Location
- Nashwauk, Minnesota, United States of America
- Updated
- 22 Jul 2026
- Source
- Essar
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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 | Mesabi Metallics Company LLC, backed by Essar Group, is constructing a $2.5 billion world-scale merchant Direct Reduction (DR) grade iron ore mine and pellet plant on more than 16,000 acres in northern Minnesota. The project aims to onshore a strategically important segment of the U.S. steel supply chain and produce premium DR grade iron ore pellets to meet the demand of the Electric Arc Furnace market in the United States. |
Original sector | Metals & Mining |
Budget |
Location
Country | United States of America (USA) |
State | Minnesota |
City | Nashwauk |
Source
Source | Essar |
URL |
More Details
Record type | Project |
Sector | Metal, Steel, Warehouse |
Article published date | 2026-04-03 |
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