Magnetite rhymes with:
apatite, appetite, biotite, hematite, pegmatite, airtight, apartheid, apatite, appetite, biotite, hematite, loctite, pegmatite, sticktight, tripartite, watertight
Magnetite sounds like:
machined, magenta, maginot, magnant, magnate, magnet, magneti, magnitude, maisonet, management, mangement, mankind, masonite, massenet, mazzanti, mccamant, mcconathy, mcentee, mcginnity, mcginty, mcintee, mckeand, mcmath, mcnatt, mcnett, mcnitt, mcnutt, migent, mincemeat, miscount, monsanto, monzonite, musante, myoscint