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Liberty House bids to buy iron ore assets in Minnesota

Staff Writer | April 26, 2017
British metals group Liberty House is bidding to buy U.S.-based Mesabi Metallics Co and ESML Holding, as it seeks to boost its presence in North America.
Liberty House
Acquisition   British metals group
The bid is being made by GFG Alliance, a group that includes Liberty House and resources and energy firm SIMEC Group, GFG Alliance said.

The assets being bid for include a 7 million tonnes-a-year iron ore pellet plant in Nashwauk, Minnesota that has the potential to produce up to 14 million tonnes a year, GFG Alliance said.

London-based Liberty said last week it agreed to buy the Georgetown Steelworks plant from Arcelor Mittal in its first major U.S. acquisition.


 

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