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I never tossed it away - ferrite dust is more useful than just for being used in building.
And sometimes you need quite the amount for what you want to achieve by certain means: There are many refiner recipes that benefit from or require ferrite dust derivates.
It depends on your playstyle if it will be valuable to you or not.
NMS ‘Doubler’: Any material that when processed through your personal refiner, yields a 1:2 ratio. Eg Rusted metal, cactus flesh, condensed carbon, sodium nitrate. This allows a wise Traveller to carry 500 in a 250 slot.
Less than it takes to refine a stack of runaway mould. :p
It's easiest on the grassless planets with little rocks everywhere. I had 68 geodes and 9999 + FE last time I had to do this 3 weeks ago
I can't speak for anyone else, but I do it because once a mine is set up, it's 0 minutes vs. your 1-2 minutes.
Different strokes for different folks, but oxygen and ferrite are two things I pretty much get mines/extractors set up for ASAP. Both absolutely are super easy to get without mines or extractors, I just always favor a 0 time solution for resources I know I will use a ton of.
It also increases storage capacity for it, seeing as the silos you build will store it until you retrieve it. Storage limits are an actual concern when playing in survival/permadeath.
It takes 1 second to throw rust into a refiner and it can be done anywhere at any time. Simpler, faster, and most especially more convenient (the 'any time, anywhere" aspect) than strafing a planetary surface.
But as you say, different strokes for sure.