Iron Ore Hematite Hematite Magnetite Goethite

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Magnetite iron is in 2 and 3 oxidation states whereas, in hematite, it is only in 3 oxidation state.This is the key difference between magnetite and hematite.Moreover, magnetite has higher iron content than hematite therefore, its quality is higher.Apart from that, in colours too, there is a difference between magnetite and hematite.

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