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Hematite is one of the most powerful known grounding stones in the mineral kingdom, intended to root your body and mind back to Earth. The stone is said to help refocus your thoughts and actions into those that matter to you most while guiding you on the right path. Hematite is an attraction stone, hence its physical magnetic ability.
Interesting fact: While orbiting the planet Mars, NASA's 2001 Mars Odyssey spacecraft discovered Hematite with its infrared spectrometer.