Construction of Minnesota's first new iron-ore mining and taconite plant operations in 35 years continues near Nashwauk, with work beginning this week on a tailings basin for Essar Steel Minnesota.

NASHWAUK -- Essar Steel officials have decided to temporarily slow construction of the company's taconite pellet facility in Nashwauk. The $1.7 billion plant will be Minnesota's first new iron-ore ...

NASHWAUK, Minn. -- State officials said last week that there has been no final deal reached on how and when Essar Steel Minnesota will repay nearly $67 million in state financing due because the ...

DULUTH, Minn. (AP) — Essar Steel Minnesota has closed on financing to complete construction of its open-pit iron ore mine and pellet plant. With financing in place, Essar will now ramp up construction ...

The St. Marys River is closed to commercial vessels from the Soo Locks to 6 Mile Point, after a 629-foot U.S. cargo ship ran aground on the north side of Sugar Island, Wednesday, at about 11:40 p.m.

NASHWAUK, Minn. -- On a brisk, breezy October day, 18 big cranes reached for the sky over the sprawling Essar Steel Minnesota taconite plant just north of town where more than 700 construction workers ...

Indian firm looks to grow its business with lucrative Canadian steel operation. Essar Steel Holdings Ltd. is acquiring Canada-based Algoma Steel Inc. for around $1.85 billion. Essar Steel is a ...

MUMBAI — Global steel giant ArcelorMittal and Japanese firm Nippon Steel said Friday they have won a bidding war for India's Essar Steel with a $5.7 billion offer for their debt-laden rival. The deal ...

The newly bankrupt Essar Steel Minnesota named a new CEO Thursday, tapping an industry veteran to replace the controversial Madhu Vuppuluri. Essar, which filed for Chapter 11 bankruptcy protection ...

The new owners of the Essar Steel Minnesota property in Nashwauk say that they have already spent $250 million on the site and expect to spend $400 million more to finish building the mine and iron ...