magnetic iron-ore vs magnetite

magnetic iron-ore and magnetite both are nouns.

Word	Noun	Adjective	Verb	Adverb
magnetic iron-ore	Yes	No	No	No
magnetite	Yes	No	No	No

As nouns, magnetic iron-ore and magnetite are synonyms defined as:

magnetic iron-ore and magnetite: an oxide of iron that is strongly attracted by magnets

magnetic iron-ore (noun)	magnetite (noun)
an oxide of iron that is strongly attracted by magnets	an oxide of iron that is strongly attracted by magnets