Bunting® Magnetics Co., the leader in magnet and magnetic equipment design, manufacturing and distribution, today announced that it has signed an agreement to acquire Master Magnets Ltd, a UK-based manufacturer of magnetic separation equipment.

Magnets remove tramp metal contamination from the coal to prevent damage to processing equipment and conveyor belts.

The Electro Overband Magnet is the most powerful overband separator from the Mastermag range and is designed to operate and separate at increased suspension heights...