How is the mineral magnetite formed? – AnswersToAll
Magnetite and hematite are two forms of iron ores from which iron can be extracted. Magnetite contains iron in the form of Fe3O4. Hematite contains iron in the form of Fe2O3. The main difference between magnetite and hematite is that magnetite is ferromagnetic whereas hematite is paramagnetic. Are you minerals attracted to magnet?