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https://www.mesabimetallics.com/
Mesabi Metallics Company
TrustedLast activity: 01.10.2026
Active
Dedicated to reducing carbon emissions and environmentally sustainable mining and steel production. Supporting economic prosperity for Northern Minnesota.
Overview
Location
United States
Total raised
$150M
Funding Rounds 1
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Mentions in press and media 11
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| Oct 1, 2026 | ICYMI: President Trump Announces Largest-Ever Steel Plant Coming to Iowa | President Donald J. Trump announced a $15 billion Mesabi Metallics steel complex is coming to Iowa — the largest steel plant ever built in the United States as more industrial capacity comes home. The project will create 1,750 new, permanen... |
| Sep 30, 2026 | Mesabi Metallics Announces $18 Billion Integrated U.S. Steel Investment Across Minnesota And Iowa | Mesabi Metallics has announced an $18 billion investment to create a fully integrated U.S. steel company, linking its iron ore mine in Minnesota’s Mesabi Iron Range to a new steelmaking complex planned for Iowa. The company plans to invest ... |
| Sep 29, 2026 | Trump unveils Essar Group's $15 bn planned US steel project | US President Donald Trump with top officials at the White House | Credit: Reuters/Kevin Lamarque US President Donald Trump on Monday said that a Minnesota company plans to build a multi-billion-dollar steel mill in Iowa, handing the adminis... |
| Jul 14, 2026 | First Blast: America's Iron Ore Comeback Heard on the Iron Range | Mesabi Metallics fires first blast toward "Patriot Pellet," ending U.S. dependence on scarce foreign DR-grade ore NASHWAUK, Minn., July 14, 2026 /PRNewswire/ -- American iron ore mining is growing. Mesabi Metallics Company LLC (Me... |
| Jun 2, 2026 | Mesabi Metallics Monetizes Portion of Royalty Interest for $265 Million | The $2.5 billion world-scale, low-cost DR-grade iron ore mine positions U.S. steel industry to break free from foreign imports from Brazil and other countries NASHWAUK, Minn., June 2, 2026 /PRNewswire/ -- Mesabi Metallics Company LLC (Mesab... |
| Apr 7, 2026 | Mesabi Metallics: $150 Million Financing Secured For Iron Ore Project Development | Mesabi Metallics Company announced that it has secured $150 million in financing from Macquarie Group, supporting the planned Q3 2026 startup of its direct reduction grade iron ore mine and pellet plant in Nashwauk, Minnesota. The funding a... |
| Apr 6, 2026 | Mesabi Metallics secures $150 m investment from Macquarie Group | |
| Apr 6, 2026 | Mesabi Metallics Secures $150 Million from Macquarie Group | Latest financing builds on recent capital momentum for structurally important American iron ore project NASHWAUK, Minn., April 6, 2026 /PRNewswire/ -- Mesabi Metallics Company LLC (Mesabi Metallics), backed by Essar Group, today announced t... |
| Apr 6, 2026 | Mesabi Metallics Raises $150 Million To Advance DR-Grade Iron Ore Development | Major Funding Boost Strengthens Project Foundations Mesabi Metallics has secured $150 million in new financing to support the development of its Direct Reduction grade iron ore project in Minnesota. The project has gathered growing financia... |
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FAQ about Mesabi Metallics Company
How much funding has Mesabi Metallics Company raised?
Mesabi Metallics Company has raised $150M in total across 1 funding round.
What has the press written about Mesabi Metallics Company?
Parsers VC has collected 11 articles mentioning Mesabi Metallics Company, among them “ICYMI: President Trump Announces Largest-Ever Steel Plant Coming to Iowa” (Oct 1, 2026) and “Mesabi Metallics Announces $18 Billion Integrated U.S. Steel Investment Across Minnesota And Iowa” (Sep 30, 2026).
Is Mesabi Metallics Company still active?
Yes, Mesabi Metallics Company is active; its latest activity on Parsers VC dates from Oct 1, 2026.