Mesabi Metallics completes inaugural production blast at Minnesota iron ore project

Mesabi Metallics Company LLC, a US-based subsidiary of India's Essar Group, has successfully executed its first production blast at the new iron ore mine in Nashwauk, Minnesota---a milestone the company describes as keeping the project on track for first pellet production in the third quarter of 2026.Asian Metal CopyrightMesabi Metallics Company LLC, a US-based subsidiary of India's Essar Group, has successfully executed its first production blast at the new iron ore mine in Nashwauk, Minnesota---a milestone the company describes as keeping the project on track for first pellet production in the third quarter of 2026.Asian Metal Copyright The July 10 blast employed a 66-hole pattern and fractured approximately 211,000 tons of ore in a single detonation, with weekly blasting now slated to continue as operations ramp toward full-scale production.Asian Metal Copyright Once operational, the facility is poised to become one of North America's few significant domestic producers of merchant direct-reduction grade DR-grade iron ore pellets, with a projected mine life of 23 years.Asian Metal Copyright The project represents the first new iron ore mine and pellet plant to be built in Minnesota in five decades, backed by an estimated $2.Asian Metal Copyright The project represents the first new iron ore mine and pellet plant to be built in Minnesota in five decades, backed by an estimated $2.Asian Metal Copyright5 billion investment and expected to generate 350 permanent jobs.Asian Metal Copyright TMCR, the project targets annual throughput of 7.Asian Metal Copyright Once operational, the facility is poised to become one of North America's few significant domestic producers of merchant direct-reduction grade (DR-grade) iron ore pellets, with a projected mine life of 23 years.Asian Metal CopyrightMesabi Metallics Company LLC, a US-based subsidiary of India's Essar Group, has successfully executed its first production blast at the new iron ore mine in Nashwauk, Minnesota---a milestone the company describes as keeping the project on track for first pellet production in the third quarter of 2026.Asian Metal Copyright According to disclosures from royalty holder The Metals Royalty Company Inc.Asian Metal Copyright28 million metric tonnes, with a near-term pathway to 8.Asian Metal Copyright (TMCR), the project targets annual throughput of 7.Asian Metal Copyright The July 10 blast employed a 66-hole pattern and fractured approximately 211,000 tons of ore in a single detonation, with weekly blasting now slated to continue as operations ramp toward full-scale production.Asian Metal Copyright28 million metric tonnes, with a near-term pathway to 8.Asian Metal Copyright Once operational, the facility is poised to become one of North America's few significant domestic producers of merchant direct-reduction grade DR-grade iron ore pellets, with a projected mine life of 23 years.Asian Metal Copyright5 million metric tonnes per year.
.Asian Metal CopyrightMesabi Metallics Company LLC, a US-based subsidiary of India's Essar Group, has successfully executed its first production blast at the new iron ore mine in Nashwauk, Minnesota---a milestone the company describes as keeping the project on track for first pellet production in the third quarter of 2026Asian Metal Copyright