Essar Steel Minnesota, which once promised the state’s first new taconite plant in decades and the state’s first direct-reduced iron plant, filed for Chapter 11 bankruptcy protection Friday after ...

ST. PAUL, Minn. (AP) — Gov. Mark Dayton has pulled the plug on Essar Steel Minnesota's lucrative mineral leases on the Iron Range and turned to Cliff Natural Resources as a possible developer of the ...

After filing for bankruptcy last week with debts of about $1 billion, Essar Steel Minnesota said Madhu Vuppuluri would leave the company’s CEO chair effective immediately. Matthew Stock, a 25-year ...

Essar Steel Minnesota went into Chapter 11 bankruptcy on Friday as the State of Minnesota withdrew the state licenses for the taconite the company was preparing to mine. It might seem a little odd ...

It took more than 11 months, thousands of court documents and dozens of attorneys, but the massive Essar Steel Minnesota bankruptcy case has been resolved. Federal Judge Brendan Shannon in Delaware on ...

Bankrupt Essar Steel Minnesota has sued Essar Global, saying the India-based firm fraudulently mishandled funds for what is now a failed $1.9 billion construction project on the Iron Range. In court ...

Essar Steel Minnesota on Wednesday accepted Gov. Mark Dayton’s final offer for a $66 million loan repayment after the company failed to abide by all the terms of the loan agreement. The offer, which ...

As another big deadline for a $2.6 billion taconite plant in Nashwauk looms at the end of the month, the project once considered a godsend for the Iron Range's economy is once again controlled by the ...

So keen is the Essar Group to keep its plans for a $1.6 billion steel plant in Minnesota safe, that it has agreed to back away from a proposed oil refinery in Iran. In a letter to Minnesota Gov. Tim ...

A file photograph of a steel plant. The current level of production at the ESIL plant is about 7.5 mtpa.(Mint ) ArcelorMittal and Nippon Steel, the new owners of erstwhile Essar Steel, have decided to ...