Receipt of Quarterly Royalty Report and Royalty Payment On April 30, 2025, the Trustees of Mesabi Trust received the Royalty Report from Cliffs, the parent company of Northshore. As reported to Mesabi Trust by Cliffs in the Royalty Report, based on shipments of iron ore products by Northshore during the three months ended March 31, 2025, Mesabi Trust was credited with a base royalty of $ 1,067,762. For the three months ended March 31, 2025, Mesabi Trust was also credited with a bonus royalty in the amount of $ 1,281,315. The royalty payment received by the Trust did not include any adjustments related to prior quarters. In addition, a royalty payment of $73,252 was paid to the Mesabi L

Announcement of Mesabi Trust Distribution The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of fifty-six cents ($0.56) per Unit of Beneficial Interest payable on May 20, 2025 to Mesabi Trust Unitholders of record at the close of business on April 30, 2025. This compares to a twenty-nine cents ($0.29) per Unit distribution declared for the same period last year. The Trustees' announcement today of a fifty-six cents ($0.56) per Unit distribution, as compared to the twenty-nine cents ($0.29) per Unit distribution announced by the Trust at the same time last year, reflects several points. The Trust's receipt of total royalty payments of $8,986,464 on January 30, 2025, from Clev

Announcement of Mesabi Trust Distribution The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of five dollars ninety-five cents ($5.95) per Unit of Beneficial Interest payable on February 20, 2025 to Mesabi Trust Unitholders of record at the close of business on January 30, 2025. This compares to a thirty-seven cents ($0.37) per Unit distribution declared and paid for the same period last year. The Trustees' announcement today of a five dollars ninety-five cents ($5.95) per Unit distribution, which is a substantial increase compared to the thirty-seven cents ($0.37) per Unit distribution announced by the Trust at the same time last year, primarily reflects the Trust's non-re

Announcement of Mesabi Trust Distribution The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of thirty-nine cents ($0.39) per Unit of Beneficial Interest payable on November 20, 2024 to Mesabi Trust Unitholders of record at the close of business on October 30, 2024. This compares to a thirty-five cents ($0.35) per Unit distribution declared for the same period last year. The Trustees' announcement today of a thirty-nine cents ($0.39) per Unit distribution, as compared to the thirty-five cents ($0.35) per Unit distribution announced by the Trust at the same time last year, reflects several points. The Trust's receipt of total royalty payments of $5,325,522 on July 30, 2024 fro

AAA Arbitration Final Award As previously reported, on October 14, 2022, Mesabi Trust initiated arbitration against Northshore Mining Company ("Northshore"), the lessee/operator of the leased lands, and its parent, Cleveland-Cliffs Inc. ("Cliffs"), with the American Arbitration Association ("AAA"). The Trust sought an award of damages relating to Cliffs' and Northshore's underpayment of royalties in 2020, 2021, and the first four months of 2022 by virtue of Cliffs' and Northshore's failure to use the highest priced arm's-length iron ore pellet sale from the preceding four quarters in pricing certain pellet shipments from 2020 through the first four months of 2022. The Trust also sought dec

  Announcement of Mesabi Trust Distribution The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of thirty cents ($0.30) per Unit of Beneficial Interest payable on August 20, 2024 to Mesabi Trust Unitholders of record at the close of business on July 30, 2024. This compares to no distribution declared for the same period last year. The Trustees' announcement today of a thirty cents ($0.30) per Unit distribution, as compared to no distribution announced by the Trust at the same time last year, is primarily attributable to the increase in the total royalties received by the Trust in April 2024, as compared to the total royalties received by the Trust in April 2023. In particu

Mesabi Trust (NYSE:MSB): Receipt of Quarterly Royalty Report and Royalty Payment On April 30, 2024, the Trustees of Mesabi Trust (NYSE:MSB) received the quarterly royalty report of iron ore shipments from Silver Bay, Minnesota during the quarter ended March 31, 2024 (the "Royalty Report") from Cleveland-Cliffs Inc. ("Cliffs"), the parent company of Northshore Mining Company ("Northshore"). As reported to Mesabi Trust by Cliffs in the Royalty Report, based on shipments of iron ore products by Northshore during the three months ended March 31, 2024, Mesabi Trust was credited with a base royalty of $2,106,086. For the three months ended March 31, 2024, Mesabi Trust was also credited with

Announcement of Mesabi Trust Distribution The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of twenty-nine cents ($0.29) per Unit of Beneficial Interest payable on May 20, 2024 to Mesabi Trust Unitholders of record at the close of business on April 30, 2024. This compares to no distribution declared for the same period last year. The Trustees' announcement today of a twenty-nine cents ($0.29) per Unit distribution, as compared to no distribution announced by the Trust at the same time last year, reflects an increase in the distribution compared to the same period in the prior year, and is primarily attributable to the restart of Northshore operations in April 2023, and to

Announcement of Mesabi Trust Distribution The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of thirty-seven cents ($0.37) per Unit of Beneficial Interest payable on February 20, 2024 to Mesabi Trust Unitholders of record at the close of business on January 30, 2024. This compares to no distribution declared for the same period last year. The Trustees' announcement today of a thirty-seven cents ($0.37) per Unit distribution, as compared to no distribution announced by the Trust at the same time last year, is primarily attributable to the restart of Northshore operations in April 2023, and to an increase in the total royalties received by the Trust in October 2023, as compar

Announcement of Mesabi Trust Distribution The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of thirty-five cents ($0.35) per Unit of Beneficial Interest payable on November 20, 2023 to Mesabi Trust Unitholders of record at the close of business on October 30, 2023. This compares to no distribution declared for the same period last year. The Trustees' announcement today of a thirty-five cents ($0.35) per Unit distribution, as compared to no distribution announced by the Trust at the same time last year, is primarily attributable to the restart of Northshore operations in April 2023, and to an increase in the total royalties received by the Trust in July 2023, as compared to

8-K - MESABI TRUST (0000065172) (Filer)

10-K - MESABI TRUST (0000065172) (Filer)

8-K - MESABI TRUST (0000065172) (Filer)

SCHEDULE 13G/A - MESABI TRUST (0000065172) (Subject)

8-K - MESABI TRUST (0000065172) (Filer)

8-K - MESABI TRUST (0000065172) (Filer)

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8-K - MESABI TRUST (0000065172) (Filer)

8-K - MESABI TRUST (0000065172) (Filer)

8-K - MESABI TRUST (0000065172) (Filer)

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