Magnetite

Raw Magnetite =

Magnetite is highest tier ore in the game. It is found in Fallen Meteorites. Raw Magnetite can be smelted near a campfire which will result a Magnetite Bar.

A Magnetite Chest can be bought for 2,000 gold, and it yields 12 magnetite.

Obtaining
Magnetite can be obtained from Meteorite which randomly spawns every 1-2 hours.

Usage
Magnetite Bars can be used to craft Magnetite Armor, Magnetite Tools, and the Magnetite Crossbow.

Trivia

 * Soybeen stated that this may be the last ore implemented into the game.
 * Magnetite was introduced on 3/10/18, the Meteorite Update.
 * In real life, Magnetite is mainly composed of iron.
 * The magnetite chest drops 12 upon opening and costs 2000 coins. This is equal to the max amount gained by mining then smelting the ore, making some experienced players think it is essentially a rip-off.
 * You used to be able to obtain Magnetite by destroying a Totem of the Moon which  instantly spawned a Fallen Meteorite.
 * Due to its value as a rare ore, people use Magnetite as currency.
 * Ironically, back then Purple was one the richest colors of dye to get! Only kings and queens had dark purple!


 * -|Magnetite Bar =

Smelting Magnetite Ore in a campfire will yield Magnetite Bars.

Crafting

 * Magnetite Armor
 * Magnetite Tools
 * Magnetite Crossbow