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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 Files for Chapter 11 Bankruptcy - WSJ

May 05, 2015· Magnetation, a Minnesota iron ore recovery company, filed for chapter 11 bankruptcy protection after reaching a restructuring deal with senior bondholders.

Iron Range getting new ore plant near Coleraine ...

Apr 15, 2020· Year-old Prairie River Minerals will build a multimillion-dollar ore-processing plant near Coleraine, Minn., on the site of a rail facility once owned by Magnetation. The Iron Range project will ...

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.

Magnetation, Inc. | LinkedIn

About us 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.

Reynolds Magnetation plant sold - Journal & Courier

Feb 01, 2017· 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.

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

Feb 01, 2017· 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 2006 and was a joint venture between Grand Rapids ...

ERP Iron Ore and Republic Steel Announce Lorain, Ohio Pig ...

Jul 25, 2017· The Magnetation and Mesabi assets represent over $2.6 billion of recently invested capital with future capacity to produce 10.5 million mmtpa of the highest quality iron ore pellets. Contacts

New Buyers Emerge for Old Magnetation Mining Sites ...

Jun 12, 2019· 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 sold at bankruptcy auction | The Daily ...

Jun 10, 2019· 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 ...

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

May 05, 2015· 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.

AK Steel iron ore venture files for bankruptcy, plans to...

Sep 24, 2016· Magnetation has been affected by an oversupplied global market for iron ore, a key input for making steel, which has lowered prices for the product, according to the company.

Types Of Capex In Iron Ore Mining In Minnesota In Martinique

Iron ore department for energy and mining types of iron ore the major rock types mined for the production of metallic iron are massive hematite pisolitic goethitelimonite which provide a highgrade ore and banded metasedimentary ironstone magnetiterich metasomatite to a much lesser degree rocks rich in siderite rocks rich in chamosite which provide a lowgrade ore.

AK Steel Could Benefit From Lower Iron Ore Prices

Nov 21, 2019· AK Steel is targeting 50% self-sufficiency in iron ore through its joint venture, or JV, with Magnetation. The plant would be in the startup mode until the first half of 2015.

Magnetation set to close down operations - Recycling Today

Aug 30, 2016· 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 Retraining ...

Magnetation Idling 1 of 3 Plants |

Feb 23, 2015· Magnetation LLC announced this morning that it will indefinitely idle one of its three iron ore concentrate facilities in the Northland due to low iron ore prices, affecting about 50 employees.

US-based Cargill Ferrous International teams up with iron ...

Jan 07, 2011· According to Magnetation, the patent-pending Rev 3 TM Separator technology allows mining operators to recover a marketable, high-grade iron ore concentrate from low-grade hematite iron deposits, including material left behind from prior mining and mineral processing operations. The recovered product can be sold to a variety of iron-making ...

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

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.

Prairie River Minerals building Iron Range plant at former ...

Apr 14, 2020· COLERAINE, Minn. (AP) -- Construction is expected to start this month on a multimillion dollar ore processing plant on the Iron Range. Prairie River Minerals will build the plant on the site of a rail facility once owned by Magnetation near Coleraine. The facility will process leftover iron ore waste tailings that can be used by steel plants.

Magnetation to shut down remaining operations - Minnesota Iron

Oct 06, 2016· In developing innovative technology viewed as new promise for the Iron Range, Magnetation turned old iron mine waste into high-purity iron concentrate. However, like other regional mining operations, Magnetation was hit hard by the iron ore price crisis. Read more.

Eaton helps Magnetation advance productivity and ...

Magnetation Inc. is an iron ore processing company that utilizes magnetic separation technology to capture iron ore particles left over from previous mining operations dating back to the 1890s. A special process developed by the company enables the manufacturing of iron …

Complete Iron Ore Processing Mill - Rabin Worldwide

Oct 16, 2019· Complete Iron Ore Processing Mill All formerly of Magnetation – ERP Iron Ore Plant 2 – Coleraine-Itasca County, Minn. 2013 Installation – Most in near new condition. 27692 Co …

Industrial History: Magnetation Iron Ore Tailings Reprocessing

Nov 25, 2014· 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 LLC Announces Potential Shutdown of its ...

Aug 26, 2016· Magnetation LLC owns three iron ore concentrate plants located in Keewatin, MN, Bovey, MN and Grand Rapids, MN, and an iron ore pellet plant in Reynolds, IN. Additional information about the ...

Magnetation opens Plant Four – more iron ore concentrate ...

Jan 02, 2015· Magnetation now employs approximately 500 people between its Minnesota and Indiana operations. Magnetation LLC is a joint venture between Magnetation, Inc. (50.1% owner) and AK Steel Corp (49.9% owner). Magnetation recovers high-quality iron ore …

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.

Magnetation Files Bankruptcy Amid Iron Ore Slump - CFO

May 05, 2015· 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.

Cargill to work with Magnetation on low grade iron ore ...

Jan 10, 2011· Agricultural giant Cargill has taken a step into the iron ore mining and processing sector, with the announcement of an agreement with Magnetation Inc of Nashwauk, Minnesota, under which the companies will explore opportunities "to develop and utilise Magnetation's proprietary mineral processing technology." According to Magnetation, the patent-pending Rev 3 separator technology allows ...

Tom Clarke Revives Magnetation Operations on the Western ...

Feb 24, 2017· Magnetation LLC was founded in 2006, and was a joint venture between Grand Rapids-based Magnetation Inc. and AK Iron Resources LLC, an affiliate of steelmaker AK Steel. Magnetation recovered valuable iron ore from waste dumps left behind by long-closed mining operations.