Mesabi Trust Reports Net Income of $5.4M for Q2 2025; Distributions Declared at $0.3000 per Unit

Reuters
2025.09.15 20:33
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Mesabi Trust reported a net income of $5.4 million for Q2 2025, with distributions declared at $0.3000 per unit. The financial results cover the three and six months ending July 31, 2025, based on 13,120,010 units outstanding. Revenue recognition complies with ASC 606, and the Trust holds interests related to iron ore pellet production. Future reports will provide additional disclosures. This summary is based on information published via EDGAR by Mesabi Trust on September 15, 2025.