New Twist Develops in Long-Planned Minnesota Mine Project
08/03/2018 - The former Essar Steel Minnesota taconite project faces new uncertainty as a dispute over the project’s ownership has arisen, according to reports.
According to press reports, investment firm Nubai Global Investment contends that chief executive Tom Clarke has sold his stake in the proposed mine and pellet plant and has been removed from his roles with the project. However, Clarke contends he ousted Nubai.
You can read more about the dispute here, here, here and here.
