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Announcement of Mesabi Trust Distribution The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of thirty-four cents ($0.34) per Unit of Beneficial Interest payable on November 20, 2025 to Mesabi Trust Unitholders of record at the close of business on October 30, 2025. This compares to a thirty-nine cents ($0.39) per Unit distribution declared for the same period last year. The Trustees' announcement today of a thirty-four cents ($0.34) per Unit distribution, as compared to the thirty-nine cents ($0.39) per Unit distribution announced by the Trust at the same time last year, reflects consideration of a number of factors. In particular, the Trustees' current distribution determ
Commencement of Arbitration On September 26, 2025, Mesabi Trust initiated arbitration against Northshore Mining Company ("Northshore") and its parent, Cleveland Cliffs Inc. ("Cliffs") and (Northshore and Cliffs, jointly, the "Operator"), the lessee/operator of the leased lands. Mesabi Trust commenced the arbitration proceeding through the American Arbitration Association. Mesabi Trust seeks damages and declaratory relief relating to the Operator's idling of Northshore's operations from May 2022 to April 2023 and underpayment of royalties on intercompany shipments from 2023 through the present. Forward-Looking Statements This press release contains certain forward-looking statements wh
Announcement of Mesabi Trust Distribution The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of twelve cents ($0.12) per Unit of Beneficial Interest payable on August 20, 2025 to Mesabi Trust Unitholders of record at the close of business on July 30, 2025. This compares to a thirty cents ($0.30) per Unit distribution declared for the same period last year. The Trustees' announcement today of a twelve cents ($0.12) per Unit distribution, as compared to the thirty cents ($0.30) per Unit distribution announced by the Trust at the same time last year, reflects consideration of a number of factors. In particular, the Trustees' current distribution determination reflects that th
8-K - MESABI TRUST (0000065172) (Filer)
8-K - MESABI TRUST (0000065172) (Filer)
10-Q - MESABI TRUST (0000065172) (Filer)
SC 13G/A - MESABI TRUST (0000065172) (Subject)
SC 13G/A - MESABI TRUST (0000065172) (Subject)
SC 13G/A - MESABI TRUST (0000065172) (Subject)