Hematite, also spelled as haematite, is the mineral form of iron(III) oxide, one of several iron oxides. It also happens to be the oldest known iron oxide mineral that has ever formed on earth!
Many attribute the following Metaphysical Properties with Hematite: Clarity, Focus, Memory enhancement, Courage, Strength, Grounding, Cooling, Clearing, Calm reasoning and that it Promotes tranquility as well as Dissolves negativity. Hematite is also said to be assoicated with the elements of Water, and Earth.
This item is mentioned in "Introduction to Healing Crystals".