Mesabi Metallics Company LLC

Mesabi Metallics is building a 7-million tons per annum taconite mining and pelletization project in Nashwauk, Minnesota. This is the first such project in the Mesabi Range in the last few decades and at the site of the old Butler mine, which closed 35 years ago. Construction will produce up to 1,000 well-paying jobs. This project is more than 50 percent complete and, when complete, will be the largest investment ever in Minnesota with more than $2.5 billion invested in it. To date, Mesabi Metallics has invested more than $1.5 billion and completed more than 3 million man-hours of construction. The project is expected to be completed within three years.