Niron Magnetics and City of Sartell Advance Next Phase of Rare-Earth-Free Permanent Magnet Manufacturing Project
Niron Magnetics, the company manufacturing high-performance Iron Nitride permanent magnets made without rare earths, announced an expanded partnership with the City of Sartell to build the company’s first full-scale production facility. This collaboration builds on prior agreements, including the purchase of 79 acres of land in Sartell’s Mill District, and marks a major step in Niron Magnetics’ expansion and the community’s economic development.