Which of the following statements about magnetite ore of iron is/are correct?

1. It is known as Black ore.

2. It contains 60% to 70% of pure iron.

3. It possesses magnetic properties.

Select the correct answer using the codes given below:

1
1 only
2
2 and 3 only
3
1 and 3 only
4
1, 2 and 3

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