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Steel News - Association for Iron & Steel Technology

Magnetation LLC is a joint venture between Magnetation Inc. (50.1% owner) and AK Steel (49.9% owner). Magnetation LLC recovers high-quality iron ore concentrate from previously abandoned iron ore waste stockpiles and tailings basins.

Magnetation LLC Announces the Sale of its Assets to ERP ...

ERP Iron Ore, LLC ("ERPIO"), a subsidiary of ERP Compliant Fuels, LLC, through the acquired Magnetation assets, plans to recover high-quality iron ore concentrate from previously abandoned iron ...

Magnetation LLC Announces Potential Shutdown of its ...

Magnetation LLC owns three iron ore concentrate plants located in Keewatin, MN, Bovey, MN and Grand Rapids, MN, and an iron ore pellet plant …

MAGNETATION: 'Business as usual for our operations' | Mine ...

Magnetation is part-owner in Plant 3. Magnetation, LLC filed for Chapter 11 bankruptcy to reorganize its finances in early May. A statement from Magnetation announcing the filing identified "the drastic fall in iron ore prices" as the general basis for Magnetation's situation.

ERP Iron Ore may buy bankrupt Magnetation and reopen its ...

Bankrupt Magnetation LLC has a possible buyer for its remaining assets. Court documents filed this week identify ERP Iron Ore LLC as the interested party and state the company hopes to restart ...

ERP Iron Ore Set to Restart Magentiaton Operations by ...

Clarke's ERP Iron Ore won the bankruptcy rights to Magnetation one year ago and had hoped to be producing iron ore concentrate at Plant 4 by now, with most of the operation's 130 employees back on the job.

About Magnetation - Magnetation

The Magnetation Process™ is designed to produce iron ore concentrate by recovering weakly magnetic iron oxide particles from natural iron ore and taconite tailings basins, already-mined iron formation stockpiles, and newly mined iron formation. The novel aspect of the process is its ability to efficiently separate hematite from silica.

About us | Magnetation

Magnetation is a mining company that mines natural resources such as iron ore. We process tailing basins and abandoned waste stockpiles to recover premium concentrate of iron ore for steel manufacturing. We run two iron ore concentrate plants located in Bovey, MN and Grand Rapids, MN, and an iron ore pellet plant located in Reynolds, IN.

Rick Allen - Reliability Inspector - Magnetation, Inc ...

Reliability Inspector at Magnetation, Inc. Reynolds, Indiana, United States 18 connections. Join to Connect ... This plant turned iron ore into steel pellets for the automotive industry.

Magnetation - .NET Framework

Magnetation was built on extracting maximum value from available resources. A joint venture between Magnetation, Inc., and AK Steel Corporation, the company recovers high quality iron ore concentrate from previously abandoned iron ore waste stockpiles and tailings basins. Its proprietary process requires robust, reliable electricity, but company

ERP Iron Ore could lose Minnesota mineral leases | INFORUM

The Minnesota Department of Natural Resources sent a notice of termination on Thursday, July 12, to ERP Iron Ore, Clarke's company that is trying to revive the bankrupt Magnetation …

Magnetation to close plant on the Iron Range | MPR News

A company that recycles waste rock from taconite production on the Iron Range is closing one of its plants because of low ore prices. Grand Rapids, Minn.-based Magnetation, which mines the …

Sale of Magnetation to new owner ERP Iron Ore closes ...

The rest would be paid back over time, Clarke has said, from a royalty on every ton of iron ore pellets produced. Magnetation LLC was founded in …

Magnetation Iron Ore Business Returns to Bankruptcy Protection

ia entrepreneur Tom Clarke has resorted to bankruptcy protection again for the iron ore operation he acquired in January 2017 out of the bankruptcy of Magnetation LLC.

Magnetation Files Bankruptcy Amid Iron Ore Slump - CFO

Magnetation LLC has filed for bankruptcy protection, saying it needed to restructure its operations because of the combination of an unprecedented slump in global iron ore prices and the heavy debt burden incurred in the expansion of its iron ore recovery plants.

Magnetation set to close down operations - Recycling Today

Magnetation LLC, Grand Rapids, Minnesota, has announced that it is planning to shut down its Minnesota iron ore concentrate plant, as well as its rail loading facility and pellet plant located in Reynolds, Indiana, as soon as September 30, 2016. In a release, the company notes that its announcement initiates compliance with the U.S. Department of Labor's Worker Adjustment and …

Magnetation LLC Files for Bankruptcy | E & MJ

Magnetation LLC filed for bankruptcy on May 5. The company recovers high-quality iron ore concentrate from previously abandoned iron ore waste stockpiles and tailings basins on northern Minnesota's Iron Range and owns iron ore concentrate plants in Keewatin, Bovey, and Grand Rapids, Minnesota, and an iron ore pellet plant in Reynolds, Indiana.

Explore Minnesota - Iron Ore

Secondary Iron Ore Recovery and Production. Two Minnesota companies are producing iron ore concentrate from the tailings of previous natural iron ore mining operations. Magnetation LLC. Magnetation LLC is a joint venture between Magnetation, Inc. (50.1%) and AK Steel Corp. (49.9%). Magnetation LLC produces iron ore concentrate from previous natural

Magnetation to Build New Iron Ore Pellet Plant in Indiana

Magnetation LLC recently announced that it has selected Reynolds, Ind., as the site to build its new iron ore pellet plant. The new facility will produce high-quality iron ore pellets, a critical raw material in the steel-making process. Magnetation anticipates breaking ground during the first quarter of 2013.

Magnetation Inc. United States,Minnesota,Grand Rapids ...

Magnetation Inc. was created with the intention of utilizing magnetic separation technology to capture iron ore particles left over from previous mining operations that existed on the iron …

Reynolds Magnetation plant sold - Journal & Courier

ERP Iron Ore plans to begin the recovery process of "high quality iron ore concentrate from previously abandoned iron ore waste stockpiles", according to a December news release from Magnetation.

Grand Rapids-based Magnetation mining files for bankruptcy ...

While Magnetation perfected its technology, rising global iron ore prices made the idea profitable. Prices rose from about $50 per ton a decade ago to as high as $190 per ton in 2011.

Magnetation, Inc. | LinkedIn

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.

Industrial History: Magnetation Iron Ore Tailings Reprocessing

Magnetation specializes in reprocessing mine tailings, which are then shipped to their pellet plant in Reynolds IN on CSX. The train are interchanged in Chicago. Magnetation has plants in Minnesota that mine the tailings of open-pit iron ore mines using a patented Rev3 Separator technology. The separator concentrates the 25% iron tailings into ...

Magnetation Inc. - eaton.com

Magnetation viewed this technology as a tremendous advantage since downtime proves very costly and the operating environment would be constantly clouded with iron ore powder. The project team also found value in the compact design of the SC9000 EP, the medium voltage drive with the smallest footprint in the industry, allowing for a reduction in ...

New Buyers Emerge for Old Magnetation Mining Sites ...

These sites were originally part of the Magnetation Iron Ore Company. Another site for a plant in Itasca County is still available with it up for bid until June 28 th . Categories : Mining, News ...

Magnetation (iron ore) - Wikipedia

Magnetation | All About Magnetation

Iron mining woes force Magnetation bankruptcy | MPR News

Magnetation, a Grand Rapids, Minn.-based company that pioneered a new form of iron ore mining in northeast Minnesota, filed for bankruptcy Tuesday. The company said the restructuring will allow it ...

Magnetation sold at bankruptcy auction | The Daily ...

Magnetation sold at bankruptcy auction. The fate of the assets of some of the former Magnetation operations were decided in Minnesota Bankruptcy Court on Monday. Magnetation was a company in rapid growth mode from 2008 to 2015, when plummeting iron ore prices forced the mining firm into bankruptcy. Its assets were acquired by ERP Iron Ore, led ...

Magnetation Files for Chapter 11 Bankruptcy - WSJ

Magnetation, a Minnesota iron ore recovery company, filed for chapter 11 bankruptcy protection after reaching a restructuring deal with senior bondholders.