Mesabi Metallics Secures $150 Million from Macquarie Group [Globe and Mail, The (Toronto, Canada)]
MACQUARIE GROUP LTD S/ADR (MQBKY)
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Source: Globe and Mail, The
April 6, 2026 /CNW/ -- Mesabi Metallics Company LLC (Mesabi Metallics), backed by Essar Group, today announced that it has secured $150 million of financing from Macquarie Group, supporting the Q3 2026 startup of its world-scale Direct Reduction (DR) grade iron ore mine and pellet plant in Nashwauk, Minnesota. Read more at newswire.ca This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here
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