ESML Holdings Inc. is a Delaware-based holding company and parent of Essar Steel Minnesota LLC, which is developing a $2 billion, fully-integrated iron ore pellet production facility in the Mesabi Range of northern Minnesota. The project features an open-pit mine, crushing and concentrating facilities, and rail infrastructure designed for an annual capacity of seven million tonnes of iron ore pellets. The site contains approximately 1.8 billion tonnes of magnetite iron resources, with operations supported by 5,805 acres of mineral leases.