direct reduction iron (dri)

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    Mesabi Metallics Secures $150M for Minnesota Iron Ore Project

    New Delhi, April 6 Mesabi Metallics Company LLC, a company within the Essar Group, has secured USD 150 million in financing from Macquarie Group to support the planned third-quarter 2026 startup of its Direct Reduction (DR) grade iron ore mine and pellet plant in Minnesota.This latest funding...
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