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Magnetite is a rock mineral and one of the main iron ores, with the chemical formula Fe 3 O 4.It is one of the oxides of iron, and is ferrimagnetic; it is attracted to a magnet and can be magnetized to become a permanent magnet itself. It is the most magnetic of all the naturally-occurring minerals on Earth. Naturally-magnetized pieces of magnetite, called lodestone, will attract small pieces ...

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Iron mining in the United States produced 42.5 million metric tons of iron ore in 2015, worth US$3.8 billion. Iron ore was the third-highest-value metal mined in the United States, after gold and copper. Iron ore was mined from nine active mines and three reclamation operations in Michigan, Minnesota, and Utah.Most of the iron ore was mined in northern Minnesota's Mesabi Range.

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