Iron Oxide (Hematite/Magnetite) applications| LKAB Minerals#174;
Iron oxide is a chemical compound made up of oxygen and iron, most abundant in the earths crust in the form of Hematite (Fe2O3). It also exists in the form of Magnetite (Fe3O4). produced from the natural iron ore Magnetite, for the production of concrete counterweights. Read more Decorative paint.