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A mineral that contains a useful amount of a particular element is an ore. An ore containing iron is called iron ore, such as magnetite (Fe3O4), and hematite (Fe2O3), which contain 70% iron.
https://en.wikipedia.org/wiki/Iron_ore

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Q: What Minerals can be classified according to their use what classification is given to a mineral that contains a useful amount of a particular element such as iron?
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