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Niron Magnetics Eyes Iron Range | Minneapolis News

Niron Magnetics is set to revolutionize Minnesota’s Iron Range with a $1.8 billion magnet factory, slashing reliance on Chinese rare-earth minerals by using domestic iron and nitrogen. Already building a 175-job facility near St. Cloud, the company aims to scale up dramatically—with construction starting by 2029 and hundreds more jobs on the horizon. Backed by state leaders and leveraging the region’s skilled workforce and mining legacy, this high-tech manufacturing leap could be the economic lifeline the Iron Range has been waiting for. Listen in comfort:Get a discount on a Soli Pillow…

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