Mesabi Nuggethttp://www.steeldynamics.comThe Mesabi Nugget Delaware LLC, iron nugget facility is under construction near Hoyt Lakes. Mesabi Nugget Delaware, LLC, is the world’s first commercial iron nugget plant. Operation is scheduled to begin in 2009. Iron nuggets produced at the facility will feed electric arc furnaces at Steel Dynamics, Inc., in Butler, Ind. Steel Dynamics, Inc., and Kobe Steel, Ltd., of Japan are partners in the project. An iron nugget production technology pioneered by Kobe Steel, Ltd., and proven on a pilot scale at Northshore Mining Co. in Silver Bay, will be used to produce the nuggets. Steel Dynamics has separately acquired land at the site to re-open an iron mine and build a $165 million facility to concentrate the ore as feed for the iron nugget plant. In addition to producing a new product made from iron ore concentrate, the project will create a significant number of new mining-related jobs and support suppliers within the region. Taxes paid by the operation would boost revenues to local units of government and the state. The plant and mine are being developed at the site of the former LTV Steel Mining Co. taconite plant, which closed in 2001.
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Project NewsMesabi Nugget and Magnetation: Partnering UpJuly 20, 2011Magnetation's growth continues on the Iron Range. And now, a new likely partner is Mesabi Nugget. Mesabi Nugget is the iron Read More » Nugget plant breaking its own production recordsMay 12, 2011Mesabi Nugget is busy breaking its own production records the past several months, and is looking to get near its Read More » IW50 Profile: Steel Dynamics -- Nuggets of OpportunityJanuary 20, 2010None of the 2009 IW 50 Best Manufacturing Companies came close to matching Steel Dynamics Inc.'s (SDI) 84% revenue growth Read More » First Iron NuggetsJanuary 17, 2010A major celebration for the crews at Mesabi Nugget on Tuesday night. The first iron nuggets rolled off the production Read More » First Iron NuggetsJanuary 13, 2010A major celebration for the crews at Mesabi Nugget on Tuesday night. The first iron nuggets rolled off the production Read More » Mesabi Nugget close to start-upDecember 29, 2009Mesabi Nugget’s proposed start-up this month will probably come a little bit Read More » A U.S. Department of Energy story details a highly-energy efficient iron making process that is bringing new jobs Read More » AURORA ��” The public will have a chance Read More » The sea of vehicles crowding the approach to Mesabi Nugget bespeaks the Read More » HOYT LAKES — Progress on the Mesabi Nugget project to date was the cause for a celebration Wednesday, and the Read More » VIRGINIA -- There are at least 300-plus Iron Range mining jobs that are already open, or are expected to open, Read More » CLEVELAND - A Cleveland Cliffs land sale has been announced today, which gives further momentum to the Mesabi Nugget project Read More » Steel Dynamics and Kobe Steel jointly announced today, Sept. 20, they will begin construction of a $235 million iron nugget Read More » EVELETH - First it was the natural red ore. Then it was the taconite pellet process from a lower grade Read More » Iron Range Resources affirmed its support for the Mesabi Nugget project Thursday, Sept. 6, approving virtually the same $16.5 million Read More » |  | Company Press ReleasesWorld’s first commercial ITmk3 plant successfully begins productionJanuary 14, 2010Kobe Steel, Ltd. announces that the world’s first commercial plant using the ITmk3® Process successfully began production of Read More » View progress and photographs of the Mesabi Nugget project, a Minnesota ironmaking project that is underway near Aurora and Hoyt Read More » |
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