Mesabi Metallics invests $110M in Komatsu mining equipment for Minnesota mine

Mesabi Metallics has made a $110 million purchase of a new fleet of mining equipment from Komatsu, including 400-ton autonomous haul trucks, for its new mine and beneficiation plant in Nashwauk, Minnesota. The project is on track for completion in Q1 2026.

“Mesabi Metallics has made a $110 million purchase of an entirely new fleet of mining equipment from global heavy equipment leader Komatsu.”miningconnection.com

• 1 source
• miningconnection.comMesabi Metallics Invests $110M in Mining Equipment for Its New Mine, Beneficiation Plant, Minnesota | Mining Connection — The Link For All Your Mining ResourcesAug 22, 2025

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