News from magnetation llc A wide array of domestic and global news stories; news topics include politics / government, business, technology, religion, sports/entertainment, science/nature, and health/lifestyle. Articles that appear in this section may be written in English or other languages, as well.

May 12, 2015, 18:48 ET

Magnetation Announces Commencement of Solicitations for Participation in Debtor-In-Possession Financing Facility

Magnetation LLC. ("Magnetation") announced today the commencement of solicitations to eligible holders of its 11.000% Senior Secured Notes due 2018...

May 05, 2015, 10:06 ET

Magnetation LLC Reaches Agreement with Noteholders to Restructure Balance Sheet and Provide New Financing

Magnetation LLC, an innovative iron ore concentrate and pellet producer, announced today that it has reached an agreement with holders of more than...

Mar 05, 2015, 12:00 ET

Magnetation LLC Retains Blackstone Group as Financial Advisor and Davis Polk as Legal Advisor

Magnetation LLC announced today that it has retained The Blackstone Group as financial advisor and Davis Polk & Wardwell LLP as legal...

Feb 23, 2015, 11:00 ET

Magnetation LLC Announces Indefinite Idling of Plant One Iron Ore Concentrate Facility

Magnetation LLC (Magnetation) announced today that due to low global iron ore prices it will indefinitely idle its Plant 1 iron ore concentrate...

Jan 21, 2015, 14:00 ET

Magnetation LLC Announces Fourth Quarter and Full Year 2014 Results of Operations Release Date and Conference Call

 Magnetation LLC ("Magnetation") announced that it will hold a conference call on Wednesday, February 18, 2015, at 10:00 a.m. Central Time to...

Dec 31, 2014, 14:00 ET

Magnetation LLC Announces First Production at New Iron Ore Concentrate Plant

Magnetation LLC (Magnetation) announced today that it has successfully produced its first iron ore concentrate at its new plant, Plant Four,...

Dec 15, 2014, 16:21 ET

Magnetation LLC Completes $15 Million Incremental Increase to Revolving Credit Facility

 Magnetation LLC ("Magnetation") announced today that it has closed on a $15,000,000 incremental increase to its senior secured revolving...

Oct 23, 2014, 16:00 ET

Magnetation LLC Announces Third Quarter 2014 Results of Operations Release Date and Conference Call

Magnetation LLC ("Magnetation") announced that it will hold a conference call on Wednesday, November 12, 2014, at 10:00 a.m. Central Time to...

Sep 29, 2014, 18:00 ET

Magnetation LLC Announces First Production at New Iron Ore Pellet Plant

Magnetation LLC (Magnetation) announced today that it has successfully produced its first iron ore pellets at its new pellet plant in Reynolds,...

Aug 05, 2014, 09:01 ET
Billboard (PRNewsFoto/Zen Magnets LLC)

Zen Magnets Vows to Fight CPSC

 Zen Magnet LLC is now the last surviving contender in the battle against the CPSC's (Consumer Product Safety Commission) attempt to remove...

Jul 24, 2014, 09:00 ET

Magnetation LLC Announces Second Quarter 2014 Results of Operations Release Date and Conference Call

 Magnetation LLC ("Magnetation") announced that it will hold a conference call on Wednesday, August 13, 2014, at 10:00 a.m. Central Time to...

Jul 17, 2014, 09:00 ET

Magnetation LLC Completes $100 Million Financing For Accelerated Iron Ore Expansion Projects

Magnetation LLC (Magnetation) announced today that it has successfully completed a $100 million senior secured notes tack-on offering. The proceeds...

Jun 27, 2014, 08:30 ET
New custom POS display with video screen (PRNewsFoto/Zen Magnets, LLC)

Zen Magnets Releases New Voluntary Standard in Response to CPSC

 In the midst of a regulatory battle with the CPSC (Consumer Product Safety Commission), Zen Magnets has begun expanding to retail stores with...

Jun 18, 2014, 11:45 ET

Magnetation Celebrates Inaugural Shipment of Iron Ore Concentrate to Pellet Plant

 Magnetation celebrated today the arrival of the first of six new unit trains being manufactured specifically to move iron ore...

Apr 16, 2014, 11:00 ET

Magnetation LLC Announces First Quarter 2014 Results of Operations Release Date and Conference Call

Magnetation LLC ("Magnetation") announced that it will hold a conference call on Wednesday, May 14, 2014, at 10:00 a.m. Central Time to discuss...

Jan 23, 2014, 16:00 ET

Magnetation LLC Announces Fourth Quarter and Full Year 2013 Results of Operations Release Date and Conference Call

 Magnetation LLC ("Magnetation") announced that it will hold a conference call on Thursday, February 20, 2014, at 10:00 a.m. Central Time...

Oct 04, 2013, 11:00 ET

Magnetation LLC Announces Third Quarter 2013 Results of Operations Release Date and Conference Call

Magnetation LLC ("Magnetation") announced that it will hold a conference call on Wednesday, November 13, 2013, at 10:00 a.m. Central Time to...

Jul 23, 2013, 10:30 ET

Magnetation LLC Announces Second Quarter 2013 Results of Operations Release Date and Conference Call

 Magnetation LLC ("Magnetation") announced that it will hold a conference call on Wednesday, August 14, 2013, at 10:00 a.m. Central Time to...

May 21, 2013, 15:00 ET

Magnetation LLC Completes $375 Million Financing For New Iron Ore Expansions

 Magnetation LLC (Magnetation) announced today that it has successfully completed a $325 million senior secured notes offering and has entered...

Feb 26, 2013, 16:10 ET

Magnetation LLC Completes $110 Million Deal For Capital Investments

 Magnetation LLC (Magnetation) announced today that it has successfully closed $110,000,000 of Senior Secured Credit Facilities (Credit...