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About 17 results for "essar steel minnesota"

CEO: Essar still viable as mine developer
Business North

CEO: Essar still viable as mine developer

Essar Steel Minnesota's new CEO, Matthew Stock, has wasted no time introducing himself to Iron Range officials. Stock, who replaced Madhu Vuppuluri in July, addressed the Nashwauk City Council Tuesday in an attempt to assure locals that the ... Business North, 1 month ago

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Judge denies Minnesota's move to retake mineral leases

Minnesota had argued that the state has rescinded the leases last summer after Essar failed to live up to multiple contractual obligations to create jobs and operate the plant as well as promises to repay debts to private contractors. But the ...
 Prairie Business3 weeks ago Essar wins latest battle over mineral leases  Business North3 weeks ago Hearings this week may decide mineral lease future on Iron Range  Prairie Business3 weeks ago Thursday hearing could decide fate of Essar mineral leases  Prairie Business1 month ago
Livemint.com

Deals Buzz: ICICI Bank, other lenders sue Essar for default in US project

In other news, Baring PE Asia MD Bala Naidu quits and AU Financiers finalizes investment banks to manage IPO process Mumbai: Mint brings to you your daily dose of top deals reported by newsrooms across the country. AU Financiers finalizes investment ...
 Livemint.com1 day ago Indian lenders sue Essar for default in US Project  Economic Times1 day ago Global lenders may sue Essar over oil business deal  Livemint.com4 weeks ago

Cliffs' Hillary/Trump Proof Advantage: A Hard Catalyst Made Of Steel

Thesis One of the major economic issues that both Hillary Clinton and Donald Trump seem to agree on is the fact that the U.S. economy will need fiscal stimulus once one of them is sworn into power on January 20th, 2017. This means that ...
 Seeking Alpha1 month ago

ICICI moves US court to recover loans from Essar

Five Indian banks, led by ICICI Bank, have approached a top court in New York in a bid to recover loans and interest worth $ 560 million extended to Ruias-led Essar Group for their Minnesota-based iron ore mining and beneficiation project. The consortium has ...
 The Financial Chronicle50 minutes ago

Federal appeals court overturns award against Essar

The appeals court sent the case back to the trial court, urging that the case be dismissed. A federal judge in September 2015 entered a $32.9 million judgment against Essar Steel Minnesota after a jury agreed Essar violated a contract for natural ...
 Prairie Business1 day ago

CLIFFS NATURAL RESOURCES : reports third-quarter loss as impacts of steel, iron ore downturn linger

Oct. 27--Cliffs Natural Resources lost $28 million in the third quarter of this year as the impacts of the domestic steel and iron ore downturn lingered. The Cleveland-based iron ore producer reported Thursday that it lost 12 cents per share on ...
 4 Traders1 month ago Cliffs reports third-quarter loss as impacts of downturn linger  Prairie Business1 month ago

Minnesota Power to retire Boswell's smallest two coal units

Minnesota Power will retire two small coal-fired generators at its Boswell Energy Center in Cohasset by the end of 2018, the Duluth-based utility said Wednesday. Boswell Energy Center is Minnesota Power's largest thermal generating facility and ...
 Business North1 month ago

Top ten most important mining men in Canadian history by Stan Sudol

Four Americans Made the List! A few months ago, my dear colleague Joe Martin, who is the Director of the Canadian Business & Financial History Initiative at Rotman and President Emeritus of Canada's History Society, asked me a very simple ...
 Mining.com6 days ago

Foreign lenders question Ruia's motive to pay back

MUMBAI: A group of institutional lenders led by New York based Davidson Kempner Capital who collectively have lent about $411 million to the Essar Group have questioned the Ruias' deal to sell Essar Oil for about $13 billion to Russia's Rosneft. ...
 Economic Times4 weeks ago
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