Essar Steel Minnesota LLC (ESML) has recently named Matthew Stock as its new CEO, effective immediately. His employment by ESML is viewed as a major step in the Company’s strategy to complete its 7 million ton per year iron ore mine and pellet plant operation located in northern Minnesota.
“I am very excited about the opportunity to get the project back under way and to see it through to completion as quickly as possible,” said Mr. Stock. “We face many challenges, but overcoming them will be more than worth it when the plant goes online and becomes the lowest cost iron ore pellet producer in the U.S.”
