Magnetite is an artificial magnet.

Explanation

To determine whether the statement "Magnetite is an artificial magnet" is true or false, we can follow these steps:

### Step-by-Step Solution:

1. **Understand the Definition of Magnetite**:
- Magnetite is a mineral composed of iron oxide with the chemical formula Fe3O4.

2. **Identify the Type of Magnet**:
- There are two types of magnets: natural magnets and artificial magnets.
- Natural magnets occur in nature without human intervention, while artificial magnets are made by humans through various processes.

3. **Classify Magnetite**:
- Magnetite is found in nature and possesses magnetic properties. It is one of the naturally occurring magnetic materials.

4. **Conclusion**:
- Since magnetite is a naturally occurring mineral with magnetic properties, the statement "Magnetite is an artificial magnet" is false.

### Final Answer:
The statement "Magnetite is an artificial magnet" is **FALSE**.

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