Ferrimagnetism

Ferrimagnetism is a magnetic property where certain materials, like magnetite, have magnetic moments (tiny magnetic fields within atoms) that are aligned in opposite directions. However, unlike antiferromagnetism, these opposing moments are unequal in strength, resulting in a net magnetic field. This imbalance causes the material to be attracted to magnets and exhibit magnetic behavior similar to permanent magnets. Ferrimagnetism is common in many magnetic minerals and is the principle behind materials used in certain electronic devices and magnetic recording media.