Hematite is a natural form of iron, and is considered to have strongly grounding and protective properties. It is used for absorbing negative energy and reducing stress. It is said that wearing Hematite can give physical benefits such as enhancing circulation, helping with blood disorders, and supporting the kidneys, all while generally bolstering physical strength and endurance.

Hematite is often linked to the root chakra and can promote feelings of security. It is a protective stone and creates a shield against negative energies, especially those in the environment. It is also believed to offer emotional healing and wellbeing, helping release emotional baggage, overcome stress, and achieve a sense of inner peace. It may assist in organising thoughts, making it easier to tackle tasks and solve problems which may be why it is also credited with helping with self-reflection, transformation and change.

Spiritually Hematite is sometimes used in manifestation rituals or practices. It is believed to assist in bringing intentions into physical reality by providing a strong and grounded foundation.