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In this study, a new method is proposed for the preparation of Fe₃O₄ from iron oxyhydroxides (goethite, akaganeite, lepidocrocite, feroxyhyte and ferrihydrite) or iron oxide (hematite) and ferrous salt in aqueous solution. The product is magnetite with various particle sizes. Products are characterized by X-ray powder diffraction, IR spectra and vibrating sample magnetometery.