Groundbreaking September 2025; fully operational by end of 2027; 1,500 tonne per year capacity.
Updated Sep 2026Checked 10 Oct0 updates this week
Iron-nitride magnets use abundant iron and nitrogen; no rare-earth or critical minerals in the composition.
Company-developed processes create iron-nitride magnetic material with controlled microstructure and magnetic properties.
Magnets can replace rare-earth magnets in many applications: motors, cooling systems, defense electronics, drones, and robotics.
| Spec | Sartell Iron-Nitride Magnet Plant |
|---|---|
| Design capacity | 1,500 tpaR (reported) |
| Facility size | 190,000 sq ftR (reported) |
| Jobs created | 175+R (reported) |
R reported by the company
Niron Magnetics
Rare-earth-free magnets, iron nitride, advanced manufacturing
Niron Magnetics develops and manufactures iron-nitride permanent magnets that work without rare-earth elements. The company is building a 1,500 tonne per year manufacturing facility in Sartell, Minnesota, with support from $150M in government loans and private investment.
nironmagnetics.com (opens nironmagnetics.com)Company profile →
