secwatch.observer — SEC 8-K summary
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Issuer:     MESABI TRUST (MSB)
CIK:        0000065172
Form:       8-K
Filed at:   2025-08-01T23:59:59+00:00
Accession:  0001558370-25-009990
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/65172/000155837025009990/0001558370-25-009990-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/65172/000155837025009990/msb-20250730x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-009990

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer