Utah Stories

Utah Acquires US Magnesium Assets in $30M Deal to Protect the Great Salt Lake

Utah leaders announced the state has successfully won the bid to acquire key assets of the defunct US Magnesium facility on the Great Salt Lake, including its associated water rights and property.

|


SALT LAKE CITY — Utah leaders announced the state has successfully won the bid to acquire key assets of the defunct US Magnesium facility on the Great Salt Lake, including its associated water rights and property. The winning offer, submitted by the Utah Division of Forestry, Fire and State Lands (FFSL), totals approximately $30 million and includes roughly 4,500 acres and plant infrastructure as the bankruptcy sale moves toward final closing.

Rep. Jason Thompson praised the move as a pivotal step to protect the Great Salt Lake, secure water for Utah’s future, and address long-standing environmental risks at the site.

“This is a huge win for Utah and for the Great Salt Lake,” said Rep. Jason Thompson. “We are taking control of assets that have been tied to major environmental concerns and, most importantly, we are securing water that can help keep the lake alive. This is exactly what responsible stewardship looks like.”

US Magnesium has been largely shut down since a catastrophic failure in 2021, but reporting shows it continued to pump large volumes of brine and groundwater from the lake system, including more than 52,000 acre-feet in 2024. The acquisition is intended to prevent further waste and strengthen Utah’s ability to manage and protect the lake.

As part of the purchase of US Magnesium’s assets, the state of Utah is acquiring up to 144,790 acre-feet of water rights, according to Utah Division of Water Rights records as reported by The Salt Lake Tribune.

“When the Great Salt Lake drops, Utah families feel it in real ways,” Thompson said. “It impacts air quality, wildlife habitat, and the economy along the Wasatch Front. This purchase is about protecting public health, our environment, and making sure these resources don’t end up in the wrong hands.”

State leaders have emphasized that details are still being finalized as the bankruptcy process concludes, including how water is formally dedicated to benefit the lake.

“Utahns have been clear: we want action that makes a measurable difference for the lake,” Thompson added. “This is one of the most meaningful steps we’ve seen, because it puts the state in control and creates a pathway for real restoration work.”

Photo from usmagnesium.com.

, ,

Join our newsletter.
Stay informed.


  • Highway 6 and the Midland Trail: Utah’s Transcontinental Highway History

    From Price Canyon to Delta’s desert stretch, Utah played a central role in building the Midland Trail, one of America’s earliest transcontinental highways and the foundation of today’s Highway 6.


  • Whiskey, Bullets & a Buried Town: Archaeologists Reveal Alta’s Wild Past

    Before Alta was known for powder days and lift lines, it was a silver mining town clinging to the side of a narrow canyon. In the late 1800s, men lived at 8,000 feet, went underground each day, and endured winters that regularly buried buildings in snow. This past summer, that mining town resurfaced — literally — during construction at the Alta Ski Area.

    To understand what Alta really looked like, you don’t begin with legend. You begin with its trash — and this time, that happened almost by accident.

    Alta Ski Area was installing underground water reservoirs to support snowmaking. Because the project sits on Uinta-Wasatch-Cache National Forest land, an archaeologist was required to monitor the excavation. No one expected the trench to produce much.

    But, It did.

    Artifacts began surfacing almost immediately. Enough that the Forest Service contacted the Utah State Historic Preservation Office for help. Lexi Little, who coordinates the Utah Cultural Site Stewardship Program, helped mobilize nearly 30 volunteers to assist with what quickly became a focused two-week excavation.

    Winter deadlines were approaching. The pipes for the reservoirs had to go in the ground. There wasn’t time for a slow, extended dig.

    “It was two weeks of digging in the dirt and helping figure out exactly what we were looking at,” Little said.

    Most of the people screening soil weren’t professional archaeologists. They were trained stewards from around Utah — part of a statewide volunteer network that now approaches 500 people. They poured dirt through shaker screens, scanning for fragments that could piece together a town long buried.

    “Archaeology is human trash,” Little explained. “Archaeologists are very into trash.”

    Alta had left plenty behind.

    https://youtu.be/hzIHzx3OGoo?si=dKcl2CEz-t6FZzYw

    Victorian-style ceramics appeared first — the kind typically used in hotels. Medicine bottles followed. Ink bottles. Hand-blown glass. A porcelain doll’s foot surfaced from the soil, a small detail that shifted the mental image of the town. Families were here. Children were here. This wasn’t only a camp of miners.

    The bottles helped establish time. Manufacturing details — whether glass was hand-blown or mold-made, whether a maker’s mark appeared on the base — allowed archaeologists to date many of the artifacts to the 1870s through the 1890s, when Alta was booming as a silver mining town.

    “That gives you that range of dates for when Alta was really booming,” Little said.

    One reusable soda bottle clearly stamped “Salt Lake City” connected the canyon to the valley economy below.

    Then something unusual rolled out of a dirt pile.

    A corked bottle. Intact. Liquid still inside.

    Continue reading and support independent Utah journalism with a purchase of Utah Stories (Digital + Print) or 3 month free trial (Digital).


  • How Horses Help Kids Heal: Inside Utah’s Equine Therapy World

    Kelty Johnson trains horses for a living, but her deeper work happens in the quiet space between animal and human. On the Utah Stories podcast, she explains how equine therapy helps children regulate emotions, build confidence, and reconnect through presence rather than pressure.


  • Angela Brown: The Woman Behind SLUG Magazine and Craft Lake City

    Angela Brown is the publisher and owner of SLUG Magazine, one of the city’s longest-running independent publications and a central voice in Utah’s alternative arts and music scene. She is also the founder of Craft Lake City, a nonprofit that has grown into one of the state’s largest platforms for local makers and creative entrepreneurs.