Magnetation, Inc. is a natural resources and iron ore mining company. Our process recovers high-quality iron ore concentrate from previously abandoned waste stockpiles and tailings basins. We operate two iron ore concentrate plants located in Bovey, MN and Grand Rapids, MN, and an iron ore pellet plant located in Reynolds, IN. The iron ore we produce supplies North American steel mills with the primary raw material used in the steel making process. Magnetation recovers the iron ore using innovative magnetic separation technology called the Rev3 Separator. Our process converts old tailings basins into ecologically functioning land forms.
View Top Employees from Magnetation, Inc.| Website | http://www.magnetation.com |
| Revenue | $276 million |
| Employees | 103 (74 on RocketReach) |
| Founded | 2006 |
| Address | 102 NE 3rd St Suite 120, Grand Rapids, Minnesota 55744, US |
| Phone | (218) 999-5165 |
| Fax | (218) 999-5827 |
| Technologies |
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| Industry | Mining, Iron and Steel Mining, Metals & Mining, Natural Resources, Metals & Minerals |
| Competitors | Assmang Limited, Drax Biomass Inc., Met-Chem, a DRA Group Company, Metalloinvest, Sundance Resources LTD |
| SIC | SIC Code 10 Companies, SIC Code 101 Companies |
| NAICS | NAICS Code 212 Companies, NAICS Code 21 Companies, NAICS Code 212210 Companies, NAICS Code 21221 Companies, NAICS Code 2122 Companies |
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Magnetation, Inc. Questions
The Magnetation, Inc. annual revenue was $276 million in 2024.
Sean Colter is the Director of Human Resources of Magnetation, Inc..
74 people are employed at Magnetation, Inc..
Magnetation, Inc. is based in Grand Rapids, Minnesota.
The NAICS codes for Magnetation, Inc. are [212, 21, 212210, 21221, 2122].
The SIC codes for Magnetation, Inc. are [10, 101].
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