Iron(III) oxide is known in mineral form as hematite, which is the primary form of iron ore.
It is also known simply as iron oxide or ferric oxide and is what is colloquially called rust
when referring to the corrosion of iron objects.
Iron (III) oxide exists in mineral form as hematite.It is 70% iron and is the primary source
of iron ore in the world. About 90% of the iron mined in the United States is hematite. World
production of this ore is more than 1 billion tons. Magnetite and taconite are two other
primary iron oxide minerals used as iron ore.The name hematite comes from the blood-red
color of powdered hematite.
