Magnetic data are sensitive to both the induced magnetization in rock units caused by the present earth's magnetic field and the remanent magnetization acquired by rock units in past geologic time. Susceptibility is a direct indicator of the magnetic mineral content, whereas remanent magnetization carries information about the formation process and subsequent structural movement of geologic units. The ability to recover and use total magnetization, defined as the vectorial sum of the induced and remanent magnetization, therefore enables us to take full advantage of magnetic data. The exploration geophysics community has achieved significant advances in inverting magnetic data affected by remanent magnetization. It is now feasible to invert any magnetic data set for total magnetization. We provide an overview of the state of the art in magnetization inversion and demonstrate the informational value of inverted magnetization through a set of case studies from mineral exploration problems. We focus on the methods that recover either the magnitude of the total magnetization or the total magnetization vector itself.