US Magnesium Tables DIP Motion Amid Ch. 7 Conversion Bid

By Alex Wittenberg · October 6, 2025, 7:53 PM EDT

US Magnesium told a Delaware bankruptcy judge Monday that it would temporarily set aside requests to borrow Chapter 11 financing and launch a sale process, as unsecured creditors push to convert...

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Bankruptcy Scorecard

Summary

US Magnesium LLC, once North America's largest producer of primary magnesium, filed for Chapter 11 protection in Delaware bankruptcy court with up to $500 million of debt.

Case Number

1:25-bk-11696

Judge

Brendan L. Shannon

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$100 million to $500 million

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Case Information

Case Title

US Magnesium LLC

Case Number

1:25-bk-11696

Court

Delaware

Nature of Suit

Date Filed

September 10, 2025