A lodestone, or loadstone, is a naturally magnetized piece of the mineral magnetite. They are naturally-occurring magnets, which can attract iron. Ancient people first discovered the property of magnetism through lodestones. Pieces of lodestone, suspended so they could turn, were the first magnetic compasses, and their importance to early navigati... Found on http://en.wikipedia.org/wiki/Lodestone
loadstonenoun a permanent magnet consisting of magnetite that possess polarity and has the power to attract as well as to be attracted magnetically Found on https://www.encyclo.co.uk/local/20974
a variety of magnetite that possesses magnetic polarity and attracts iron. · a piece of this serving as a magnet. · something that attracts strongly. Found on https://www.infoplease.com/dictionary/lodestone