Why is hematite used over magnetite? Magnetite has more ...
Nov 11, 2017· It is then immediately sold as such. The ore has high iron content, typically between 56% and 64% Fe. Magnetite has higher iron content than hematite. But hematite ore usually contains large concentrations of hematite; magnetite ore, low concentrations of magnetite. The ore has lower iron content, typically between 25% and 40% Fe.