Mesabi Metallics Acquires Additional Office Location in Nashwauk, Minnesota, Demonstrating Continued Growth and Commitment to Project and Region

[NASHWAUK, MN] – Mesabi Metallics Company LLC (Mesabi Metallics) announced today that it has acquired an additional office location in Nashwauk, Minnesota. The strategic investment, located at 500 East Platt Avenue, the former Park State Bank branch office along US Highway 169, underscores Mesabi Metallics’ commitment to the community and its ongoing growth. The 8,352 […]

With continued investment from Essar Group, Mesabi Metallics pays, ahead of schedule, $7.25 million to Itasca County at the close of 2024

This marks the fifth consecutive year that Mesabi Metallics has repaid Itasca County for a grant from the Minnesota Department of Employment and Economic Development, bringing the total grant repayment to $42 million [NASHWAUK, MN] – Mesabi Metallics Company LLC (Mesabi Metallics), a wholly-owned subsidiary of Essar Group (Essar), today confirmed that with continued financial […]

Minnesota State Auditor Julie Blaha Visits Mesabi Metallics, Tours Construction Progress

Auditor Blaha’s visit highlights the statewide significance of the Mesabi Metallics project [NASHWAUK, MN] – This week, Minnesota State Auditor Julie Blaha visited Mesabi Metallics Company, LLC and toured the growing construction of the company’s 7-million metric ton per year Direct-Reduction grade iron ore pellet plant. Auditor Blaha’s visit highlights the statewide significance of the […]

Mesabi Metallics Employees Volunteer in Highway 169 Cleanup

Mesabi Metallics volunteers cleaning Highway 169

On Wednesday, Mesabi employees picked up trash and debris along Highway 169 from Nashwauk to Keewatin as part of the company’s commitment to environmental stewardship [NASHWAUK, MN] – Today, employees of Mesabi Metallics Company, LLC dedicated their day to picking up trash and debris along Highway 169 from Nashwauk to Keewatin. Mesabi Metallics sponsors this […]

Mesabi Metallics appoints Joe Broking President and Chief Executive Officer

Joe Broking President and Chief Executive Officer

Twenty-seven-year industry veteran to lead company as it ramps up staffing and construction. NASHWAUK, Minn. (June 17, 2024) – Mesabi Metallics Co. LLC today announced it has appointed Joe Broking to the position of president and chief executive officer. “Mesabi Metallics is at a new, exciting stage in its development where we are bringing on […]

Essar to start work on $4 billion Saudi steel plant from 2024

Essar-Steel-Plant

India’s Essar Group plans to invest billions of dollars in low-carbon projects in Saudi Arabia, the UK and India, as the company transitions into clean energy investments. The conglomerate controlled by billionaire brothers Shashi and Ravi Ruia expects to get final approvals by June to start investing about $4 billion to build a low-carbon steel […]