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American Magnesium
AddedFeb 17, 2024
UpdatedJun 18, 2026
American Magnesium

American Magnesium

American Magnesium LLC, a construction firm specializing in building quarries and magnesium processing complexes.

HQ
Elephant Butte, NM, US
Founded
2013
Overview
Compare
Fundraising
Employees
Website

American Magnesium LLC, founded with a mission to develop domestic magnesium resources, specializes in the construction of quarries and magnesium processing complexes. The company aims to reduce U.S. reliance on foreign magnesium, primarily sourced from China, by establishing high-tech magnesium complexes within the country. Their market focus includes leveraging local talent and existing logistical hubs to build a sustainable and competitive magnesium supply chain.

Notable affiliated individuals and investors include industry experts in mining and construction, though specific names are not publicly highlighted. Key achievements include initiating the development of North America's first high-tech magnesium complex, positioning the company to dominate the magnesium market in the 21st century. American Magnesium's impact lies in its potential to bolster domestic production of a critical metal, enhancing national resource security and creating local employment opportunities.

American Magnesium - Similar Companies

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Magnesium Development Company logo

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American Magnesium - Quick Facts

Who are American Magnesium's competitors?

Companies similar to American Magnesium include Magellan Copper & Gold, Big Blue Technologies, Magrathea and Magnesium Development Company.

When was American Magnesium founded?

American Magnesium was founded in 2013.

Where is American Magnesium's headquarters located?

American Magnesium's headquarters is located in Elephant Butte, NM, US.

When was American Magnesium's last funding round?

American Magnesium's most recent funding round was for $2.7M (USD) in July 2022.

How much has American Magnesium raised to-date?

As of Jul 5, 2022, American Magnesium has raised a total of $3.5M (USD).

How many employees does American Magnesium have?

American Magnesium has 5 employees as of Feb 5, 2024.

American Magnesium - Classification

Industry
  • Professional Service Companies
Geographic Exposure
  • United States
Revenue
  • Transactional
Customer
  • Enterprise
Main Product
  • Construction
  • Mining
Tags
  • Cleantech
NAICS
  • 210000Mining, Quarrying, and Oil and Gas Extraction
  • 212000Mining (except Oil and Gas)
  • 212200Metal Ore Mining
SIC
  • 1000Metal Mining
Show 2 more industry codes
NAICS
  • 212100Coal Mining
SIC
  • 1200Coal Mining