Lodestone in nature is naturally magnetized iron ore.
Therefore it would make sense for the crafting recipe to include Iron Ore. Also iron loses its magnetization when smelted, so it makes sense to require the Ore and not the Ingot.
My proposed recipe for it would be 5 Iron Ore and 4 Chiseled Stone blocks.
Netherrite Ingot doesn't seem very intuitive and is too expensive for it's purpose. Lodestone could be a feature that replaces writing down coordinates of rare spots, like most players do right now, but Netherrite is too expensive and too late-game for its usage.
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