Mesabi Trust Press Release

NEW YORK--(BUSINESS WIRE)--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 shipmen