The App Economy
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Essar Group's Mesabi Metallics bags $520 mn from Breakwall Capital

March 31, 2026
1 source
Business Standard
Essar Group's Mesabi Metallics bags $520 mn from Breakwall Capital

Story Summary

Essar Group-backed Mesabi Metallics Company LLC said on Tuesday that it entered into a new $520-million senior secured credit facility with Valor Mining Credit Partners II, managed by Breakwall Capital LP with Vitol, as it neared commercial operations in Minnesota later this year. The financing will provide support to its $2.5 billion.

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