Iron Oxide: Fe2O3
The name hematite is derived from the Greek word for blood αἷμα haima, due to the red coloration found in some varieties of hematite.
Hematite helps to absorb negative energy and calms you in times of stress or worry. Hematite is a very protective stone and is great to carry to help you stay grounded in many situations. Hematite can boost confidence and is also good for working with the Root Chakra.
Hematite can help one to find their own gifts and to release self-imposed limitations. Hematite can help with the ascension process, by facilitating the integration of higher spiritual energies into our physical 3-D existence.
Hematite is also used to protect against geopathic stress and electromagnetic smog and is said to be a great detoxifying stone, helpful for the liver and the blood.