Magnetation

Magnetation is a natural resource and iron ore mining company based in Grand Rapids, Minnesota, specializing in recovering high-quality iron ore concentrate from previously abandoned waste stockpiles and tailings basins. The company operates two iron ore concentrate plants in Bovey and Grand Rapids, as well as an iron ore pellet plant located in Reynolds, Indiana, supplying North American steel mills with essential raw materials for steelmaking.

With a vision to increase production and become a leading iron ore producer in the American market, Magnetation is committed to utilizing safe processes that minimize environmental impact. The company employs advanced techniques to upgrade iron ore, producing fine powders that are pelletized for efficient use in blast furnaces, contributing significantly to the iron and steel industries in the United States.

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