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Currently magnetite iron ore is mined in Minnesota and Michigan in the U.S., Eastern Canada and Northern Sweden. Magnetite bearing banded iron formation is currently mined extensively in Brazil, which exports significant quantities to Asia, and there is a nascent and large magnetite iron-ore industry in Australia. Direct-shipping (hematite) ores

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Jacobsite-Magnetite Series. Magnesioferrite-Magnetite Series. Magnetite is an important iron ore, along with hematite. Nanoinclusions of magnetite crystals cause the iridescence of Rainbow obsidian (Nadin, 2007). Extremely thin layers of 200-nm octahedral crystals of magnetite give some basalt surfaces an iridescent sheen (Nadin, 2007).

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Magnetite is very easy to identify. It is one of just a few minerals that are attracted to a common magnet. It is a black, opaque, submetallic to metallic mineral with a Mohs hardness between 5 and 6.5. It is often found in the form of isometric crystals. It is the most strongly magnetic mineral ...

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Magnetite ore is a ferromagnetic material, with the chemical formula Fe3O4, and is one of several types of iron oxide.It is a ubiquitous mineral in many parts of the world, including Australia, the USA, Canada, South Africa, Mozambique and many other countries across most of the world's continents.

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Magnetite is an important ore of iron. Well formed crystals are popular among mineral collectors, and the magnetic Lodestone variety is frequently sold in hobby shops to amateur collectors. Magnetite is also of significant interest to the science community due to its strong magnetic properties.

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Magnetite ore is a ferromagnetic material, with the chemical formula Fe3O4, and is one of several types of iron oxide. It is a ubiquitous mineral in many parts of the world, including Australia, the USA, Canada, South Africa, Mozambique and many other countries across most of the world's continents.

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Hematite is colored black to steel or silver-gray, brown to reddish brown, or red. It is mined as the main ore of iron.Varieties include kidney ore, martite (pseudomorphs after magnetite), iron rose and specularite (specular hematite). While the forms of hematite vary, they all have a rust-red streak.

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Jun 30, 2016· Magnetite contains 72.4% iron, which is higher than hematite, but the presence of impurities usually results in magnetite ores having lower ore grade (generally 20-30% Fe) than hematite ores, making it more costly to produce concentrate for steel smelters.

University of Minnesota's Mineral Pages: Hematite

Other minerals, such as magnetite, contain higher concentrations of iron, but hematite is so much more abundant that it is the most economically important iron ore. In North America, over 90% of our iron comes from hematite deposits and without hematite our steel-based society could not exist.

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The main iron mineral in magnetite ore is the ferrous iron oxide magnetite (Fe 3 O 4). Magnetite ore requires complex processing to separate magnetite minerals from other minerals in the ore to produce an almost pure magnetite concentrate with an iron content of between 68% Fe and 70% Fe that is highly sought after by steel makers.

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