Subject Resources
Types of Resources
Xstrata Copper is acknowledged as a significant source for this information.
Magnetite (Fe3O4), like hematite (Fe2O3), is a form of iron ore. It is a highly magnetic substance used primarily in steel manufacturing and coal washing.
There are more than 20 identified magnetic deposits and prospects located across South Australia, Western Australia, Queensland and Tasmania.
Find out more about magnetite in this fact sheet.