Origin
The process by which lodestone is created has long been an open question in geology. Only a small amount of the magnetite on Earth is found magnetized as lodestone. Ordinary magnetite is attracted to a magnetic field like iron and steel is, but does not tend to become magnetized itself. Recent research has found that only a variety of magnetite with a particular crystalline structure, a mixture of magnetite and maghemite, has sufficient coercivity to remain magnetized and thus be a permanent magnet. One theory suggests that lodestones are magnetized by the strong magnetic fields surrounding lightning bolts. This is supported by the observation that they are mostly found at the surface of the Earth; not buried at great depth.
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