Topic
royalties
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marketwatch.comfinance22 days agoDeveloping
London Royalty Firm Acquires $132.5 Million Stake in Minnesota Iron Ore Project
The Metals Royalty Company agreed to purchase a 1% production royalty interest in the Mesabi Metallics iron ore project in Nashwauk, Minnesota. The transaction totals $132.5 million and is tied to future output of DR-grade pellets used in lower-emissions steelmaking. First produc…