Titration of magnesium sulfate with potassium permangante
The $\ce{Fe^2+}$ concentration can be measured in this fashion since the iron(II) cation can be oxidized by a suitable oxidant, like the permanganate ion $\ce{MnO4-}$. 

$$\ce{MnO4- +4H+ +3Fe^2+ -&gt; MnO2 + 2H2O + 3Fe^3+}$$

Since permanganate is purple, and manganese dioxide is an insoluble brown solid, we have a built in indicator for redox titrations like these. 

However, magnesium ion content cannot be determined this way since $\ce{Mg^2+}$ is the highest usual oxidation state for magnesium. The electron configuration for magnesium is $1s^2 2s^2 2p^6 3s^2$ or $[\ce{Ne}]3s^2$. The $\ce{Mg^2+}$ ion has the electron configuration of $\ce{[Ne]}$, which is relatively stable. Remove an additional electron from $\ce{Mg^2+}$ to get $\ce{Mg^3+}$, you get an ion with the electron configuration of $1s^2 2s^2 2p^5$, which is the same electron configuration as electron-hungry fluorine atoms, but with a nucleus containing three more protons. $\ce{Mg^2+}$ cannot be chemically oxidized further.

Now, one could use this method to determine the concentration of many other metal ions that can be oxidized, including even $\ce{Mn^2+}$.

$$\ce{3Mn^2+ + 2MnO4- + 2H2O -&gt; 5MnO2 + 4H+}$$