Stone for the mind, mental attunement, memory enhancement, assists in mathematical pursuits, but calming at the same time, focuses energy for balance of mind, body & spirit, attracts kind love, insomnia, and spine. Hematite is used to improve relationships. If you need your personal relationship to be better, carry a hematite with you always.

Since polished hematite is considered by many to be a gemstone, it has been used in jewelry over the course of the last 50 years in North America, especially in the western United States. Its use in jewelry reached a height in Europe in Victorian times when it was very popular. Hematite can be found used in jewelry and art created by the Native Americans.

The name comes from the Greek word for blood. It has been used as an amulet against bleeding, and so is known as the "blood stone". When arranged like the petals of a flower, it is referred to as the "iron rose". Native American folklore states that war paint made from hematite will make one invincible in battle. People in the eighteenth and nineteenth centuries wore hematite jewelry during mourning.

Hematite is a very common mineral, coloured black to steel or silver-gray, brown to reddish brown, or red. It is mined as the main ore of iron. Varieties include kidney ore, martite (pseudomorphs after magnetite), iron rose and specularite (specular hematite). While the forms of hematite vary, they all have a rust-red streak. Hematite is harder than pure iron, but much more brittle.

Huge deposits of hematite are found in banded iron formations. Grey hematite is typically found in places where there has been standing water or mineral hot springs, such as those in Yellowstone. The mineral can precipitate out of water and collect in layers at the bottom of a lake, spring, or other standing water. But, hematite can also occur without water, as the result of volcanic activity.

Clay-sized hematite crystals can also occur as a secondary mineral formed by weathering processes in soil, and along with other iron oxides or oxyhydroxides such as goethite, is responsible for the red color of many tropical, ancient, or otherwise highly weathered soils.