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Mesabi Metallics Company LLC

Sustainable Materials
Mesabi Metallics Company LLC is a private mining company developing an iron ore project in Nashwauk, Minnesota focused on producing high-grade iron ore products to support steelmaking and domestic supply chains. The company is backed by the Essar Group and is advancing U.S. critical mineral security and reshoring of the American steel supply chain as it moves toward commercial operations.

Leadership & Board

Currently, no data available

Latest Estimated Valuation

Estimated Valuation―
Estimated Valuation―
Total Amount Raised$520M
Total Amount Raised$520M
Total Funding Rounds1
Total Funding Rounds1
Latest Funding Amount$520M
Latest Funding Amount$520M
Latest Funding RoundInvestment
Latest Funding RoundInvestment
Post-Money Valuation―
Post-Money Valuation―

Funding Round

Funding Date
Funding Round
Amount Raised
Post-Money Valuation
Mar 31, 2026
Investment
$520.00M
―

Investors

Investor Name
Funding Round
Valor Mining Credit Partners II, L.P. (VMP II)
Investment
Breakwall Capital LP
Investment
Vitol
Investment

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