CONSTRUCTION PROGRESS
Mesabi Metallics is on track to open the first new taconite mine and pellet plant in Minnesota in nearly 50 years, located in Nashwauk, the first mining town in Itasca County, on the site of the old Butler Mine that closed in 1985.
Our project is 97% complete, and we have approximately 1,500 construction workers on site daily working to finish the job. Most of our major equipment is on site and ready for installation. Our mine will be powered by cutting edge, environmentally friendly technologies, like electrically-powered shovels and drills, the best-available air pollution control systems and more. Through the skill of our operators, maintainers and our engineers, we will produce 7-million metric tons of Direct-Reduction grade iron ore pellets every year.
>$2.5B
One of the largest private sector investments in Minnesota, with over $2.5B already invested.
50
Mesabi Metallics will be the first new mine and pellet plant in Minnesota in almost 50 years.
1,500
Approximately 1,500 union construction workers on site every day.
350
Mesabi Metallics will provide 350 family-sustaining jobs on the Iron Range.
INVESTMENT & EMPLOYMENT
Mesabi Metallics is committed to finishing this project. We have invested more than $2.5 billion—making this project one of the largest private investments in Minnesota history.
This translations into jobs across the region:
- More than 1,500 union construction jobs powering us towards full commissioning every day.
- 350 permanent positions, offering long-term employment opportunities.
- An estimated 700 indirect jobs generated across the region, strengthening the economy and growing the local tax base.
LONG-TERM POTENTIAL
With generations of mine life and ore available, Mesabi Metallics intends to operate one of the most sustainable mining operations domestically. Our goal is to provide a long-term supply of high-quality Direction Reduction grade iron ore pellets shipping from the heart of U.S., minimizing the environmental impact and contributing to the carbon reduction goals of our customers.
