US Magnesium
US Magnesium was the sole U.S. primary magnesium producer, operating an integrated 63,500 metric ton-per-year facility on the Great Salt Lake since 1972, serving automotive, aerospace, defense, and chemical customers. The company filed Chapter 11 bankruptcy in 2025 and was acquired by Utah for $30 million in 2026.
- Company typePrivate
- Founded1972
- HeadquartersSalt Lake City, United States
- Headcount251–500
- GTM typeB2B
- OfferingHardware or Manufacturing
What US Magnesium does
US Magnesium LLC is a privately-held mining and metallurgical company founded in 1972 and headquartered in Salt Lake City, Utah. It operated as the sole primary magnesium producer in the United States and the largest in North America, with a nameplate capacity of 63,500 metric tons per year of primary magnesium at its integrated Rowley plant on the western edge of the Great Salt Lake. The company also produced 9,000 metric tons per year of lithium carbonate and an array of chemical co-products including calcium chloride, liquid chlorine, ferric chloride, hydrochloric acid, magnesium chloride, and sodium chloride.
The core technology relies on harvesting magnesium chloride brine from the Great Salt Lake and concentrating it through approximately 100 square miles of solar evaporation ponds from 0.5% to 9.0% magnesium by weight, followed by magnesium electrolysis. Solar energy provides approximately 90% of total energy input, making the operation one of the largest industrial solar energy users in the world and avoiding an estimated 10 million tons of CO2 emissions annually. The integrated facility produces pure magnesium (99.80% and 99.97% grades), alloy magnesium (AZ91D, AM50A, AM60B, AZ91E), and the chemical co-product portfolio described above.
US Magnesium generated revenue through direct B2B enterprise sales to automotive, aerospace, defense, electronics, water treatment, and chemical manufacturing customers, with global distribution via truck and rail access from the Rowley facility. The company also provided technical support and recycling services including on-site training, process audits, and laboratory analysis. In September 2025 the company filed for Chapter 11 bankruptcy following catastrophic equipment failure and a collapse in lithium market prices, and in March 2026 was acquired by the State of Utah for $30 million, primarily to reclaim 65,000 to 80,000 acre-feet of Great Salt Lake water rights.
US Magnesium firmographics
Firmographics- Name
- US Magnesium
- Legal name
- US Magnesium LLC
- Website
- https://usmagnesium.com
- Company type
- Private
- Founded year
- 1972
- Operating status
- Acquired
- Headcount range
- 251–500 employees
- Short description
- US Magnesium was the sole U.S. primary magnesium producer, operating an integrated 63,500 metric ton-per-year facility on the Great Salt Lake since 1972, serving automotive, aerospace, defense, and chemical customers. The company filed Chapter 11 bankruptcy in 2025 and was acquired by Utah for $30 million in 2026.
- Ownership category
- akta.pro rank
US Magnesium industry classification
Industry- Product category
- Primary Magnesium Production
- NAICS
- Ground or Treated Mineral and Earth Manufacturing (327992), All Other Nonmetallic Mineral Product Manufacturing (32799)
- SIC
- Metal Mining (1000), Mining & Quarrying Of Nonmetallic Minerals (No Fuels) (1400), Industrial Inorganic Chemicals (2810)
- akta.pro primary industry
- Magnesite & Magnesium Minerals Mining (IMAKAGAN)
- akta.pro secondary industries
- Magnesite & Magnesium Minerals (IMAEAFAL), Battery Raw Materials Mining & Refining (Lithium, Nickel, Cobalt, Manganese, Graphite) (EUAFABAA), Lithium Mining & Brine Extraction (IMAKAFAA), Battery-Grade Chemical Processing (LiOH/Li2CO3, Ni/Co Sulfates, Mn Sulfate) (IMAKAFAI)
Keywords
Where US Magnesium is headquartered
LocationHeadquarters
- HQ city
- Salt Lake City
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
US Magnesium business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Infrastructure, Operations, Personnel, Supply Chain, Technology or R&D
Revenue model
- Magnesium Metal Sales: Sales of pure magnesium (99.80% and 99.97% ultra-high purity) and alloy magnesium (AZ91D, AM50A, AM60B, AZ91E) in various ingot sizes and configurations. Primary revenue stream from core magnesium production operations.
- Chemical Products: Production and sale of calcium chloride, liquid chlorine, ferric chloride, hydrochloric acid, magnesium chloride, and sodium chloride. These are co-products from the integrated chemical and metallurgical complex.
- Lithium Carbonate: US Magnesium is an integrated producer of lithium carbonate, a key raw material used in lithium ion batteries, glass, ceramics, aluminum alloys, casting fluxes and other lithium compounds.
- Technical Support and Recycling Services: Full range of technical support and recycling services including on-site training sessions, education seminars, process audits, material property data, calibration standards, laboratory analysis and design support.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
US Magnesium product offering
Product offeringCore offering
US Magnesium is an integrated producer of primary magnesium metal, magnesium alloys, lithium carbonate, and industrial chemical derivatives (calcium chloride, liquid chlorine, ferric chloride, hydrochloric acid, magnesium chloride, sodium chloride). The company harvests magnesium chloride brine from the Great Salt Lake, concentrates it through 100 square miles of solar evaporation ponds, and converts it via magnesium electrolysis into finished metal and chemical products for industrial customers.
Product overview
US Magnesium is an integrated primary magnesium and chemical production company operating on the Great Salt Lake in Utah. The company operates a 63,500 metric ton per year primary magnesium production facility alongside 9,000 metric tons per year lithium carbonate capacity. Its product portfolio consists of four core offerings: Pure Magnesium (99.80% and 99.97% ultra-high purity grades in various ingot sizes from 25 lb to 1,000 lb), Alloy Magnesium (AZ91D, AM50A, AM60B, AZ91E high-purity corrosion-resistant alloys for die casting), Lithium Carbonate (integrated production from brine for batteries and industrial applications), and Chemical Products (calcium chloride, chlorine, ferric chloride, hydrochloric acid, magnesium chloride, and sodium chloride). The company also provides technical support and recycling services to customers.
Differentiator
Problem solved
Functional benefit
Brands
- Maglock®: 25 lb. (12 kg) ingots for situations where small ingots are preferred.
- Magnesium Alloys (AZ91D, AM50A, AM60B, AZ91E)
Products and services
- Pure Magnesium Primary magnesium metal available in 99.80% and 99.97% ultra-high purity grades, produced in various ingot configurations including Maglock 25 lb ingots, grinding slab ingots, and direct chill cast T-bar ingots up to 1,000 lb, sold to industrial B2B customers.
- Alloy Magnesium High-purity, corrosion-resistant magnesium alloys AZ91D, AM50A, AM60B, and AZ91E used for die casting and gravity casting in automotive, power tool, telecommunication, and computer component industries, sold to B2B industrial customers.
- Lithium Carbonate Integrated lithium carbonate production from Great Salt Lake brine, sold as a key raw material for lithium ion batteries, glass, ceramics, aluminum alloys, casting fluxes, and other lithium compounds.
- Chemical Products Industrial chemicals produced from the integrated facility, including calcium chloride (concrete additive), liquid chlorine (water treatment), ferric chloride (drinking and wastewater treatment), hydrochloric acid (steel pickling and oil well acidizing), magnesium chloride (dust control and de-icing), and sodium chloride (harvested from holding ponds), sold to B2B industrial customers.
Quantifiable outcome
- 90% reduction in Utah's natural gas consumption through solar energy utilization
- +3 more outcomes
Companies that use US Magnesium
Customer profileSegments5 records
Ideal customer profiles5 records
US Magnesium technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
US Magnesium partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- IBATF (International Battery And Technology Framework)coreIBATF has an active agreement with US Magnesium to deploy its first modular Direct Lithium Extraction (DLE) plant at US Mag's operations in Utah. The plant is currently undergoing initial equipment testing. IBATF reports 98% lithium recovery rates and 99%+ contaminant rejection across brine samples, with this deployment representing a key commercial opportunity for the technology provider.
Scale indicators6 records
Recent moves5 records
Expansion highlights5 records
US Magnesium competitors and assessment
Company assessmentMarket position
Strengths4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
US Magnesium financial estimates
Financial estimateRevenue estimate
Valuation estimate
US Magnesium leadership team
Management profileNumber of profiles
US Magnesium funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
US Magnesium M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about US Magnesium
What does US Magnesium do?
US Magnesium is an integrated producer of primary magnesium metal, magnesium alloys, lithium carbonate, and industrial chemical derivatives (calcium chloride, liquid chlorine, ferric chloride, hydrochloric acid, magnesium chloride, sodium chloride). The company harvests magnesium chloride brine from the Great Salt Lake, concentrates it through 100 square miles of solar evaporation ponds, and converts it via magnesium electrolysis into finished metal and chemical products for industrial customers.
Is US Magnesium a public or private company?
US Magnesium is a private company. It is classified as state government owned and is currently acquired.
When was US Magnesium founded?
US Magnesium was founded in 1972. It employs 251 to 500 people.
Where is US Magnesium based?
US Magnesium is headquartered in Salt Lake City, United States, in the North America region.
How does US Magnesium make money?
Four revenue lines are on record. Magnesium Metal Sales are the primary driver. The others are chemical Products, lithium Carbonate and technical Support and Recycling Services.
Does US Magnesium have an API?
No public API is recorded for US Magnesium.
What industry is US Magnesium in?
US Magnesium's product category is Primary Magnesium Production. Its primary akta.pro industry code is IMAKAGAN, Magnesite & Magnesium Minerals Mining, with a secondary code of IMAEAFAL, Magnesite & Magnesium Minerals. Its NAICS code is 327992 and its SIC code is 1000.