“…Metal oxides containing iron as the main component are called ferrites with general formula MFe 2 O 4 (M = Co, Ni, Cu, etc.) . Ferrites are important magnetic materials with high magnetic character, low cost of production, high thermal and chemical stability, and a wide range of applications in scientific and industrial fields such as in transformer cores, permanent magnets, radio wave circuits, magnetic resonance imaging, high‐quality filters, antenna rods, magnetic recording media, operating devices, magnetic resonance amplifiers, etc .…”