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Magnetation LLC Retains Financial Advisor and Legal Advisor

13 Mar 2015 - Magnetation LLC announced that it has retained The Blackstone Group as financial advisor and Davis Polk & Wardwell LLP as legal advisor to assist the company in evaluating alternatives to improve liquidity.

Magnetation Indefinitely Idles Plant One Iron Ore Concentrate Facility

23 Feb 2015 - Magnetation LLC announced that, due to low global iron ore prices, it will indefinitely idle its Plant 1 iron ore concentrate facility located in Keewatin, Minn., by the end of March 2015, placing the plant on a care and maintenance program.

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