News
08 April 2026

Mesabi pens $150m funding with Macquarie

In:
Metals and Mining
Region:
Americas

Mesabi Metallics has signed financing worth $150 million with Macquarie Group to support the Q3 2026 start-up of its direct reduction-grade iron ore mine and pellet plant in Nashwauk, Minnesota. The financing adds to Mesabi's previously announced $520 million senior secured credit facility...

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