Niron Magnetics breaks ground on 1,500 tonne per year magnet facility in Sartell, Minnesota

Niron Magnetics/Sartell Iron-Nitride Magnet Plant

Niron Magnetics broke ground on a 190,000 sq ft facility in Sartell, Minnesota, designed to manufacture 1,500 tonnes per year of iron-nitride permanent magnets. The plant is expected to be fully operational by end of 2027 and will employ approximately 175 people.

• First U.S. commercial facility for rare-earth-free permanent magnets
• 1,500 tonne per year capacity addresses domestic demand for magnets without China dependence
• Groundbreaking attended by Minnesota Governor Tim Walz and federal officials