Table of Contents
Where can I mine magnetite?
Vast deposits of Magnetite can be found in Nunavut, Faraday Township, Hastings County, Ontario, and Outaouais, Québec, Canada. Magnetite deposits are mined in British Columbia at Mount Polley.
What is the economic value of magnetite?
It is used as a raw material for manufacturing steel in iron and steel industries. Due to its tendency to attract magnets, magnetite is often used to locate magnets and magnetic fields. Magnetite is an important material component of power plants as it is used to generate electricity.
Where can magnetite be found in the US?

Magnetite is one of several prominent iron oxide minerals found in Missouri. These minerals are composed of the elements iron and oxygen. Large magnetite deposits in Missouri are found in the southeast part of the state and are related to igneous rocks that are approximately 1.4 billion years old.
Where is magnetite mined in Australia?
The most important Australian deposits of magnetite are Tallawang in New South Wales and Savage River in Tasmania, which are skarn deposits. Proterozeric landed iron formations in the Hammersley iron-ore province in Western Australia also contain large resources of magnetite.

How much is magnetite worth per pound?
Weight: 1 lbs., 1.00000 oz….Quantity Discounts.
Quantity | Amount |
---|---|
10 to 49 | $0.86 |
50 to 99 | $0.65 |
100 or more | $0.55 |
What can you do with magnetite?
Magnetite’s greatest use is as an important iron ore for steel manufacture. Other applications are as a catalyst in the Haber process for making ammonia, as a pigment for paints and ceramics, and as magnetic micro- and nanoparticles for a variety of processes and materials.
Are diamonds found in magnetite?
As a primary mineral, diamond occurs only in olivine-rich peridotites, notably kimberlite, where it is associated with olivines, magnetite, and phlogopite. Although substantial amounts of diamond are mined from both recent and ancient (consolidated conglomerates) placer deposits.
What is magnetite good for?
How much magnetite is in the human brain?
These magnetic and high-resolution transmission electron microscopy measurements imply the presence of a minimum of 5 million single-domain crystals per gram for most tissues in the brain and greater than 100 million crystals per gram for pia and dura.
Is there gold in magnetite?
In this contribution, we demonstrate that magnetite can be a significant host mineral for gold. Skarn ores from the giant Beiya Au deposit (323 t Au at 2.47 g/t), southwest China, contain abundant nanometer- to micronsized gold hosted by magnetite.
Can you melt magnetite?
The Magnetite must be melted and casted into a shape that is suitable for use as an anode. Magnetite melts at around 1540C so it is not the simplest of tasks. It is possible to melt magnetite using an oxygen-fuel cutting torch.
Can gold be found with magnetite?
One common type of gold deposit is one where the gold is associated with the mineral magnetite where the gold is formed in skarns of granular magnetite.