Mesabi Trust is a royalty trust organised under the laws of the State of New York, USA in 1961, to derive income from an iron mine near Babbitt, Minnesota, at the eastern end of the Mesabi Iron Range
. Under various agreements the mine is operated by Northshore Mining Company, a subsidiary of Cleveland-Cliffs Inc.
A 2011 report from the University of Minnesota-Duluth's Natural Resources Research Institute suggested Mesabi Iron Range
mining sites could serve as pumped-hydro energy-storage sites.
He starts with the heart-wrenching story of the Merritt family's relationship with the Mesabi Iron Range
, explaining how the family was undercut by John D.
PolyMet Mining is a mine development company that owns 100% of Poly Met Mining, Inc., a Minnesota corporation that controls 100% of the NorthMet copper-nickel-precious metals ore body through a long-term lease, and owns 100% of the Erie Plant, a large processing facility located approximately six miles from the ore body in the established mining district of the Mesabi Iron Range
in northeastern Minnesota.
Essar is building a controversial and heavily state-subsidized US$1.9-billion iron mine, processing mill, and direct-reduction production plant in Nashwauk on the Mesabi Iron Range
. Pellet production is expected to start in the second half of 2016.
The company is under contract to manage environmental hazards, such as blowing dust, at a major taconite mining region on the Mesabi Iron Range
My home town of Virginia, Minnesota, on the Mesabi Iron Range
, is best known for its iron ore and as the home of the Virginia and Rainy Lake Lumber Company, for a time the largest white pine sawmill in the world.
The company also announced that its board of directors has approved a deal to participate with Kobe Steel on a $235 million iron making plant in the Mesabi iron range