Schematic of a spherical magnetite nanoparticle shows the unexpected variation in magnetic moment between the particle's interior and exterior when subjected to a strong magnetic field. The core's moment (black lines in magenta region) lines up with the field's (light blue arrow), while the exterior's moment (black arrows in green region) forms at right angles to it. Nanoparticles are particles between 1 and 100 nanometers in size. In nanotechnology, a particle is defined as a small object that behaves as a whole unit with respect to its transport and properties. Particles are further classified according to diameter. Nanoparticle research is currently an area of intense scientific interest due to a wide variety of potential applications in biomedical, optical and electronic fields. Magnetite is a mineral, one of the three common naturally occurring iron oxides (chemical formula Fe3O4) and a member of the spinel group. Magnetite is the most magnetic of all the naturally occurring minerals on Earth. Naturally magnetized pieces of magnetite, called lodestone, will attract small pieces of iron, and this was how ancient people first noticed the property of magnetism.