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Rebirth plans for old Magnetation site in Grand Rapids on ...

The much-anticipated rebirth of the former Magnetation iron-ore tailings operation in Grand Rapids, Minn., is on hold as the new owners wrestle with higher costs and bigger upgrades than expected.

Magnetation Inc - Iron Ore Concentrate and Pellet ... - News

MagGlobal LLC ("MAG") is a mineral processing technology company focused on serving the global iron ore industry. Our innovative technology allows for (i) magnetic recovery of low grade or challenging iron ore bodies and (ii) enhanced flotation performance to …

Bankruptcy petition filed against ERP Iron Ore | Duluth ...

ERP Iron Ore, the company trying to revive the bankrupt Magnetation operations in Grand Rapids, could be headed in the same direction as its predecessor after four companies filed a Chapter 7 ...

Company bids on former Magnetation site | News ...

The sites were previously operated by Magnetation, which had more than 500 employees at its peak in 2014, but closed its plant and filed for Chapter 11 bankruptcy in 2015 as iron ore prices plummeted.

Iron mining in the United States - Wikipedia

Iron mining in the United States produced 42.5 million metric tons of iron ore in 2015, worth US$3.8 billion. Iron ore was the third-highest-value metal mined in the United States, after gold and copper. Iron ore was mined from nine active mines and three reclamation operations in Michigan, Minnesota, and Utah.Most of the iron ore was mined in northern Minnesota's Mesabi Range.

Former legislator Tom Anzelc part of team buying ...

A team that includes former state legislator Tom Anzelc has received approval from a U.S. Bankruptcy Court to buy two former Magnetation iron ore facilities on the Iron Range for $1.95 million.

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 ...

Iron ore - Wikipedia

Increasing iron ore demand, coupled with the depletion of high-grade hematite ores in the United States, after World War II led to development of lower-grade iron ore sources, principally the utilization of magnetite and taconite. Iron-ore mining methods vary by the type of ore being mined.

Clarke scraps ERP Iron Ore plans | Duluth News Tribune

ERP Iron Ore owner Tom Clarke said he's scrapping the ERP Iron Ore project near Grand Rapids - literally. Hours after ERP filed for Chapter 11 bankruptcy Tuesday, Clarke said mining would be too ...

ERP Iron Ore finalizes purchase of Magnetation - Minnesota ...

Bankrupt Magnetation is officially under new ownership. State of ia-based ERP Iron Ore finalized a purchase agreement of Magnetation according to ongoing bankruptcy proceedings. WDIO reported the story earlier today. Magnetation, based in Grand Rapids, Minnesota, is a scram mining and iron ore processing company.

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

Magnetation and ERP signed a preliminary purchase agreement on Tuesday. A court hearing on the matter is scheduled for Dec. 15. ERP Iron Ore is a subsidiary of ERP Compliant Fuels, which owns coal ...

Magnetation (iron ore) - Wikipedia

Magnetation is the processing of iron ore tailings, the waste product of iron ore mines, to recover hematite. Crushed mine tailings are mixed with water to create a slurry; the slurry is then pumped through magnetic separation chambers to extract hematite.

Magnetation startup could come this summer | Duluth News ...

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 ...

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 2006 and was a joint venture between Grand Rapids ...

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

Tom Clarke Revives Magnetation Operations on the Western ...

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.

Magnetation Iron Ore Business Returns to Bankruptcy ...

Jul 18, 2018· 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. The former Magnetation ...

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

ERP Iron Ore, LLC: 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 ...

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.

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

The AK Steel joint venture for producing iron ore pellets, Magnetation LLC, has filed for Chapter 11 bankruptcy, the Minnesota-based company announced Tuesday. Magnetation has been affected by …

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

For Magnetation, production of iron ore concentrate continues for the innovative company which, despite filing for bankruptcy last month, is still producing both concentrate and pellets. Matt ...

Bankruptcy trustee OKs $1.7M sale of Magnetation Plant 2 ...

A U.S. bankruptcy trustee said she approves of the sale of Magnetation's Plant 2 iron processing facility in Bovey, Minn., for $1.7 million, according to court documents filed this week.

Magnetation could turn iron tailings into profits - May ...

May 19, 2009· Magnetation will never match them on volume: Brazilian mining behemoth Vale, the world's largest iron ore producer, ships about 250 million metric tons annually, compared with Magnetation's tiny ...

Magnetation LLC to Build Iron Ore Pellet Plant in Reynolds ...

Magnetation LLC expects to construct a three million metric tonne per year iron ore pellet plant in Reynolds, Indiana and two additional concentrate reclamation plants located northwest of ...

Former Magnetation owners buy idled Scully ore mine in ...

The father-son team who used to run Magnetation has formed a company and purchased the assets of a defunct Scully ore mine in eastern Canada. Cargill will buy 100 percent of the mine's iron ore ...

Magnetation Now ERP Iron Ore | Mine | iamn.com

At its peak in 2015, Magnetation, LLC employed nearly 500 people between its mining operations in Minnesota and its pellet plant in Reynolds, Ind. However, Magnetation LLC had also in early May ...

Court Docket - Magnetation LLC

Reply by Debtor 1 Magnetation LLC to 1699 Objection. An affidavit or verification, Memorandum of law. (McGreal, Michelle) (Entered: 04/17/2018) Email: 4/17/2018 1704: Motion for an Order Enforcing the Sale Order and Directing ERP Iron Ore, LLC to Pay Certain Taxes and Fees filed by White County, Indiana .

Magnetation Inc. - Eaton

—Dave Chappie, Vice-President of Engineering, Magnetation Background Founded in 2006, privately-held 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.

Former Magnetation executive crashes plane in Canadian ...

A former owner of the Magnetation iron ore processing operations near Grand Rapids is uninjured after the plane he was piloting crashed in a Canadian forest last month.

Rev 3™ Separator - Magnetation Inc - Iron Ore ...

The Rev3™ Separator is an innovative, patented technology that separates weakly magnetic particles from waste minerals with world class efficiency and throughput. The Rev3™ is a "clean sheet of paper" design by MagInc engineers built specifically for high volume, high availability iron ore applications.