Asset Report
Mesabi Metallics iron ore mine
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Mesabi Metallics' Nashwauk is a 7Mtpa DR-grade iron ore pellets project in Minnesota's Mesabi Iron Range. The project comprises a taconite mine, a processing plant to produce DR-grade concentrates, a pelletising plant and a potential DRI plant. Following years of delays and financial troubles, Mesabi Metallics' parent company says it is committed to spending the amount needed to conclude the venture. Finally, several disputes around mine leases between Mesabi and nearby miners have been the theme for the past few years. Yet, the company has private leases that can support the project for about ten years.
Table of contents
- Summary
- Key issues
Tables and charts
This report includes 14 images and tables including:
- Detail Map
- Participation
- Marketable reserves (at 01/01/2024)
- Production
- Production
- Operations
- Infrastructure
- Cash cost
- Cash cost
- Capital cost
- Product quality
- Economic assumptions
What's included
This report contains:
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