“…Spinel ferrites with general formula MFe 2 O 4 (where M = Fe, Co, Mn, Ni, Mg, Cu, Zn) are considered to be an important class of inorganic materials displaying a large variety of properties, including mechanical hardness, chemical stability, high electrical resistivity and good thermal stability [ 1 ]. In addition, these compounds are soft magnetic materials with low coercivity, high magnetization saturation and remnant magnetization at room temperature [ 2 ]. A variety of physical, electrical, dielectric, magnetic, optical and catalytic properties make ferrite spinels applicable in medicine [ 3 ], water and wastewater treatment [ 4 ], nonvolatile memory devices [ 5 ], catalysis [ 6 ], gas sensing [ 7 ], microwave absorption [ 8 ] etc.…”