Mesabi Trust (NYSE:MSB) reduced its quarterly distribution to $0.12 per unit, a 60% decrease from $0.30 per unit in the same period last year. The trust, which has paid dividends for 36 consecutive years, cited lower royalty payments from Cleveland-Cliffs Inc. and broader economic uncertainties as reasons for the reduction. The distribution is payable on August 20, 2025, to unitholders of record as of July 30, 2025.

Mesabi Trust's IBD SmartSelect Composite Rating increased to 96, outpacing 96% of stocks. The stock fell below a prior entry price, signaling a failed base. It has low liquidity, with average daily volume under $8 million. The company's EPS rating is 77, with expectations of improvement. Q4 earnings grew 28%, but top-line growth slowed. The next quarterly report is expected on Dec 11. Mesabi Trust ranks No. 2 in the Mining-Metal Ores industry group, with Cameco as the top-ranked stock.

Ameriprise Financial Inc. increased its stake in Mesabi Trust (NYSE:MSB) with a $205,000 investment, while other institutional investors adjusted their holdings. Wall Street Zen downgraded Mesabi Trust’s rating, and the company reported strong financial metrics including a 93.80% net margin and $0.46 EPS. Mesabi Trust, a royalty trust based in New York, NY, also announced a dividend payout.

Cameco's stock rating increased from 94 to 97, outperforming 97% of stocks in key performance metrics. The stock broke out of a technical pattern, showing strong earnings growth (45% Q1 EPS) and a 99 EPS rating. It ranks No. 1 in the Mining-Metal Ores industry group, alongside Mesabi Trust and Southern Copper.

The article discusses efforts by Mesabi Metallics and the University of Minnesota to decarbonize the taconite mining industry through the use of renewable energy and hydrogen fuel. This initiative is part of the Midwest Industrial Transformation Initiative (MITI), which aims to transform the state’s iron ore industry and provide 'green steel' to meet growing demand.