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The ionic liquid 1-butyl-3-methylimidazolium tetrachloroferrate was identified by Satoshi Hayashi and Hiro-o Hamaguchi of the University of Tokyo in 2004 as magnetic ionic liquid. It can be obtained from 1-butyl-3-methylimidazolium chloride and ferric chloride. It has quite low water solubility an thus can be considered as hydrophobic ionic liquid.
Due to the presence of high spin FeCl4−, the liquid is paramagnetic and a magnetic susceptibility of 40.6 × 10−6 emu g−1 is reported. A simple magnet suffices to attract the liquid in a test tube.