Mesabi Trust Initiates Arbitration Against Cleveland-Cliffs Over Idled Operations and Alleged Underpayment of Royalties
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Mesabi Trust has filed for arbitration against Cleveland Cliffs Inc. and Northshore Mining Company, seeking damages related to Northshore's operational shutdown from May 2022 to April 2023 and alleged underpayment of royalties on shipments since 2023. The arbitration is with the American Arbitration Association and focuses on the financial arrangements concerning leased mining lands.
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