A method and system for moving magnetic material includes an electromagnet wherein known problems associated with DC power circuit interruptions are substantially reduced. The system includes a generator coupled to an electromagnet, the generator being powered by a power supply through a first set of contactors which are configured to open and close a first circuit between the power source and the generator coupled to the magnet to start and stop a lifting sequence, wherein the first circuit includes a first bridge rectifier, a reactance element, and a first resistance element. The system includes a second set of contactors configured to open and close a second circuit between the power source and the generator coupled to the magnet to start and stop a dropping sequence, wherein the second circuit includes a second bridge rectifier and at least one pair of contactors for discharging power from the generator, the at least one pair of contactors being configured to open and close a discharge circuit between at least the reactance element and the generator.