magnetite

/ˈmæɡnəˌtaɪt/
noun
  1. A black mineral that is naturally magnetic, used as an iron ore and in some compasses.
    • The black sand on some beaches contains tiny grains of magnetite.
    • Magnetite is the most magnetic mineral found in nature.
    • Early sailors used magnetite to make simple compasses.
Synonyms
What does "magnetite" mean? | whatsthatwordmean | whatsthatwordmean