Mesabi Metallics sues former parent Essar Global

Essar Steel Minnesota, now doing business as Mesabi Metallics, is suing former parent company India-based Essar Global over mismanagement. WDIO and other media outlets reported the news Thursday. Mesabi Metallics seeks to emerge from bankruptcy and resume construction of a $1.6 billion taconite plant near Nashwauk, Minnesota. But according to their lawsuit, the project site… Read More →

Indian banks sue Essar over cost overruns

Essar Steel Minnesota, bankrupt and seeking capital from a new holdings company, is still providing headaches to its parent company Essar Global back in India. John Myers at the Duluth News Tribune reported Dec. 7 that banks in India are suing Essar over problems on the Nashwauk iron ore project. From the story: The Economic Times reported Wednesday… Read More →

Rawr: ‘Cougar’ catfight stirs controversy

Last week, a young hunter perched in his deer stand near Nashwauk got the story of a lifetime without even firing a shot. Here’s the description from an article by Dave Orrick of the St. Paul Pioneer Press: I wasn’t there, but I know this: Jordan Bowen saw a big wildcat try to attack a deer. The… Read More →

Bankruptcy court lets Essar keep mineral leases

On Tuesday, a federal bankruptcy judge denied the state of Minnesota’s request to strip Essar Steel Minnesota of mineral leases. This move breathes new life into Essar, though perhaps only temporarily. It’s a significant setback for hopes that Cliffs Natural Resources could quickly take over the project. The beleaguered Essar, stuck with a half complete taconite… Read More →

Northern MN co-op to further expand fiber network

As I pointed out in July, Paul Bunyan Communication continues working on its Central Itasca Fiber Project. In fact, this week they’ve been laying cable on the little dirt road that leads to MinnesotaBrown World Headquarters in Balsam Township. Readers know that I’ve long advocated for ubiquitous high speed internet as a means of economic diversification for… Read More →

Essar owes $1.1 billion in bankrupcy

Bankruptcy proceedings began recently for Essar Steel Minnesota, the struggling subsidiary of the Indian company Essar Steel, which seeks to build a new iron mine in Northern Minnesota. The story draws rapt attention from residents and leaders on the Mesabi Iron Range. For good reason. The outcome of this case will determine if hundreds of new… Read More →

LIVE BLOG: Primary Night on the Iron Range

Welcome to the Tuesday, Aug. 9, 2016 MinnesotaBrown primary election live blog. Your intrepid host Aaron Brown will provide analysis of Iron Range results throughout the evening. We’ll pay close attention to the House 6A DFL contest and St. Louis County commissioner races. 11:00: There will be more to write in coming days, but we can… Read More →

Range DFLers hurtle toward Tuesday’s 6A primary

It’s Primary Election Eve in Minnesota. Tuesday, Aug. 9, brings the statewide primary election, in which local candidate pools will be narrowed and parties will sort out their nomination battles for state and federal offices. Today I’ll analyze the only major Iron Range legislative primary: the House 6A race to succeed State Rep. Carly Melin (DFL-Hibbing)…. Read More →

Range mines catch a Super Mario star

If Iron Range mines were Super Mario, they’d be blinking while knocking off Goombas left and right. More on that below. This week brought quarterly earnings reports from the two biggest mining companies on Minnesota’s Iron Range, U.S. Steel and Cliffs Natural Resources. Both companies show significant improvement from a dismal 2015. Cliffs posted a profit… Read More →

Inside fundraising in House 6A Range DFL primary

Last week at the blog we dove into a debate over who funds Iron Range campaigns. At the time we didn’t have access to the first major campaign finance reports. Well, the Campaign Finance Board released those reports Tuesday morning. You can view them for yourself here. So let’s explore the fundraising for Northern Minnesota’s… Read More →