Hematite is also known as industrial iron.
Which is correct about Magnetite iron ore ? (a) Magnetite is the most important industrial iron ore in terms of the quantity used. (b) Magnetite has the inferior magnetic qualities which is not valuable in the electric industry.(c) It is the finest iron ore with a very high content of iron up to 70% (d) It has a slightly lower iron content than hematite (50-60%).