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Mining Plan In Case Of Magnetite Deposits

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Jul 02, 2008 Magnetite is a magnetic and very dense (heavy) mineral of iron. Its chemical formula is Fe3O4. It has many industrial uses. Magnetite is an important source of iron for the iron and steel industries but it also has other uses as an industrial mineral to produce many value-added products. High-grade magnetite is used in many chemical processes.

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