magnetite magnetite  /ˈmæɡ nə ˌtaɪt/

Definition(s):

  • (n) an oxide of iron that is strongly attracted by magnets

Usage(s):

  1. The two-story brick schoolhouse was built for 400 children in 1948, when a titanium and magnetite mine was operating nearby.
  2. Also present in the samples are magnetite and iron sulfide, which on Earth are associated with bacterial action.

News

  1. Australia Would-Be Prime Minister Fighting Tax Office

    Clive Palmer, the Australian mining entrepreneur seeking to become the next Prime Minister, is fighting with the tax office over the sale of the biggest magnetite iron ore project in the country.
    on July 18, 2013     Source: Bloomberg

  2. Glencore Xstrata to Suspend Its Australian Iron Ore Operations

    Glencore Xstrata Plc, the world’s biggest shipper of thermal coal, will suspend production at its magnetite iron ore operation in Australia because of lower prices and high costs.
    on July 16, 2013     Source: Bloomberg

Wiki Images for magnetite

definition of magnetite
meaning of magnetite

Quotes

  1. "The proceeds will allow us to develop the magnetite iron ore resource towards our target of 10 billion tonnes and fast track the Tonkolili definitive feasibility study," Executive Chairman Frank Timis said in a statement.
    on Jul 2, 2009 By: Frank Timis Source: Reuters South Africa

  2. "What has happened is we have tried to turn iron ore miners into steel makers," Mr Barnett said. "If we can attract the steel companies here, they have the expertise, particularly in dealing with low-grade magnetite ores."
    on Jul 27, 2009 By: Colin Barnett Source: WA today

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