“…Among spinels with different cations at B-sites we can distinguish the situation, in which the valency of ions is different from integer, like in the first non-rare-earth based heavy-fermion system LiV 2 O 4 see, e.g., [61,62,63,64,65,66,67,68,69,70], or in, probably, the oldest known magnetic material, magnetite, Fe 3 O 4 see, e.g., [1,58,59]. There the formal valence of V ion is 3.5, and the one of Fe on B sites is 2.5 (the valence of Fe ions on A sites is 3), i.e., they have to exist in equal combinations of V 3+ and V 4+ , or Fe 2+ and Fe 3+ .…”