magnetite
noun
                                                                                                                            
                                                            mag·ne·tite
                    
                                                                                                              
                                                                                                                                  ˈmag-nə-ˌtīt 
                                                      
                                                          
            
                                
              
          
                                                      : a black isometric mineral of the spinel group that is an oxide of iron and an important iron ore                                      
                
                    
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  Merriam-Webster unabridged




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