Iron Ore | Geoscience Australia
Iron ores are rocks from which metallic iron can be economically extracted. The principal iron ores contain hematite (Fe 2 O 3) and magnetite (Fe 3 O 4 ). Hematite is an iron oxide mineral. It is non-magnetic and has colour variations ranging from steel silver to reddish brown. Pure hematite contains 69.9% Fe by molecular weight.
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