Magnetation Revenue and Competitors
Estimated Revenue & Valuation
- Magnetation's estimated annual revenue is currently $32.6M per year.
- Magnetation's estimated revenue per employee is $245,000
Employee Data
- Magnetation has 133 Employees.
- Magnetation grew their employee count by 0% last year.
Magnetation Competitors & AlternativesAdd Company
| Competitor Name | Revenue | Number of Employees | Employee Growth | Total Funding | Valuation |
|---|---|---|---|---|---|
#1 | $63.6M | 236 | 6% | N/A | N/A |
#2 | $12.1M | 55 | 4% | N/A | N/A |
#3 | $4.5M | 26 | 4% | N/A | N/A |
#4 | $9.8M | 50 | 4% | N/A | N/A |
#5 | $9.4M | 48 | 0% | N/A | N/A |
#6 | $7.3M | 37 | 3% | N/A | N/A |
#7 | $32.6M | 133 | 0% | N/A | N/A |
#8 | $8.6M | 44 | 7% | N/A | N/A |
#9 | $29.2M | 119 | 28% | N/A | N/A |
#10 | $161.1M | 526 | N/A | N/A | N/A |
What Is Magnetation?
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. We operate two iron ore concentrate plants located in Bovey, MN and Grand Rapids, MN, and an iron ore pellet plant located in Reynolds, IN. The iron ore we produce supplies North American steel mills with the primary raw material used in the steel making process. Magnetation recovers the iron ore using innovative magnetic separation technology called the Rev3 Separator. Our process converts old tailings basins into ecologically functioning land forms.
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Total Funding
133
Number of Employees
$32.6M
Revenue (est)
0%
Employee Growth %
N/A
Valuation
N/A
Accelerator
Other Companies in Grand Rapids
| Company Name | Revenue | Number of Employees | Employee Growth | Total Funding |
|---|---|---|---|---|
#1 | $38.2M | 133 | 23% | N/A |
#2 | $19.6M | 135 | N/A | N/A |
#3 | $13.6M | 136 | 5% | N/A |
#4 | $39.4M | 136 | 2% | N/A |
#5 | $23.7M | 136 | 6% | N/A |