Liberty House bids to buy iron ore assets in MinnesotaStaff 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.
Acquisition British metals group
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. ■