---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-009990"
form_type: "8-K"
ticker: "MSB"
cik: "0000065172"
company_name: "MESABI TRUST"
filed_at: "2025-08-01T23:59:59+00:00"
generated_at: "2026-05-17T21:59:33.976114+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Mesabi Trust receives $5.3M Q2 royalty payment; iron ore shipments down 2.7% YoY

## Summary
- Total royalty payment of $5,300,287 received on July 30, 2025 for Q2 ended June 30, 2025.
- Base royalty $2,514,060, bonus royalty $2,588,784; no prior quarter adjustments.
- Iron ore shipments of 924,442 tons in Q2 2025 vs 949,718 tons in Q2 2024, down ~2.7%.
- No new third-party arms-length sales of pellets since December 2024.
- Additional $197,443 paid to Mesabi Land Trust.

## SEC filing metadata
- accession: 0001558370-25-009990
- form_type: 8-K
- ticker: MSB
- cik: 0000065172
- company_name: MESABI TRUST
- filed_at: 2025-08-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/65172/000155837025009990/0001558370-25-009990-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/65172/000155837025009990/msb-20250730x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-009990
- JSON: https://secwatch.observer/filing/0001558370-25-009990.json
- Plain text: https://secwatch.observer/filing/0001558370-25-009990.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.