MagIron Overview
- Year Founded
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2021
- Status
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Private
- Latest Deal Type
-
Corporate
- Financing Rounds
-
2
- Investments
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2
MagIron General Information
Description
Operator of green iron ore project intended to support and accelerate the decarbonization of the US steel industry. The company engages in the designing and processing of discarded waste materials from historical mining operations and converts them into high-grade, low impurity iron ore concentrate.
Contact Information
Website
www.magironusa.comCorporate Office
- 6377 Eshquaguma Road
- Gilbert, MN 55741
- United States
Corporate Office
- 6377 Eshquaguma Road
- Gilbert, MN 55741
- United States
MagIron Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
MagIron Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
MagIron Investments (2)
MagIron’s most recent deal was a Corporate Asset Purchase with Altos Hornos De Mexico (Iron Ore Reynolds Pellet Plant in Reynolds, Indiana). The deal was made on 31-Dec-2025.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Altos Hornos De Mexico (Iron Ore Reynolds Pellet Plant in Reynolds, Indiana) | 31-Dec-2025 | Corporate Asset Purchase | Buildings and Property | ||
| Prairie River Minerals(selected assets) | 04-Jul-2022 | Corporate Asset Purchase | Buildings and Property |
MagIron FAQs
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When was MagIron founded?
MagIron was founded in 2021.
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Where is MagIron headquartered?
MagIron is headquartered in Gilbert, MN.
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What industry is MagIron in?
MagIron’s primary industry is Other Metals, Minerals and Mining.
-
Is MagIron a private or public company?
MagIron is a Private company.
-
What is the current valuation of MagIron?
The current valuation of MagIron is .
-
What is MagIron’s current revenue?
The current revenue for MagIron is .
-
How much funding has MagIron raised over time?
MagIron has raised $5.42M.
-
Who are MagIron’s investors?
CoTec Holdings and Kings Chapel International have invested in MagIron.
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