Essar Steel Minnesota failed to make a $10 million payment that it promised to the state for missing deadlines on its troubled Iron Range taconite project, officials said.
The company made a deal with Gov. Mark Dayton in December to repay $66 million in economic incentives that it received for the stalled Nashwauk project, which state officials estimate is less than 60 percent completed after eight years of trying. The first payment of $10 million was due March 31.
"I have not seen it," Jeff Walker, the Itasca County auditor and treasurer, who's charged with receiving and turning over the payments to the state, told the Star Tribune on Tuesday (http://strib.mn/1qr2IR9 ).
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