Magnetite is incredibly versatile and can be found in igneous, metamorphic, and sedimentary environments. Magnetite - Common Minerals
. It is a heavy, opaque oxide mineral characterized by its rich black color and strong ferrimagnetic properties.
The chemical structure of magnetite allows a complex pattern of electrons to flow between different iron ions, creating its signature magnetic field. : Fe3O4cap F e sub 3 cap O sub 4 (Iron(II,III) oxide). Composition : Contains both ferrous ( Fe2+cap F e raised to the 2 plus power ) and ferric ( Fe3+cap F e raised to the 3 plus power