US Magnesium Bankruptcy Threatens Utah with Toxic Legacy and Unresolved Cleanup Costs

Published: Feb 12, 2026 10:17

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[SMM Magnesium Express] U.S. Magnesium's bankruptcy deepens. The plant, once responsible for 92% of Utah's toxic air emissions, left unlined ponds leaking dioxins & heavy metals into Great Salt Lake groundwater. It claims inability to pay >$100M cleanup costs while its billionaire-controlled parent Renco Group looks on. Utah acquired assets for $30M, but massive ecological restoration bill remains unresolved.

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