Magnetation to build iron ore pellet plant in Indiana

Nov 27, 2012 | 03:54 PM | Stacy Irish

Tags  Magnetation, AK Steel, iron ore, pellets, Stacy Irish

NEW YORK — U.S. iron ore concentrate producer Magnetation LLC will invest between $300 million and $350 million to build an iron ore pellet plant in Reynolds, Ind.

The Grand Rapids, Minn.-based company will begin constructing the 3-million-tonne-per-year pellet plant in the first quarter of 2013, and expects to start production by the end of 2014 or early....





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