India is rich in good quality iron ores.
(i) Magnetite:
It is the finest iron ore with a very high content of iron up to 70 per cent. It has excellent magnetic qualities and is valuable in the electrical industry.
(ii) Haematite:
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It is the most important industrial iron ore in terms of the quantity used but has a slightly lower iron content than magnetite, i.e., 50 per cent.