Minerals: Hematite is an important ore of

Hematite is one of the most important iron ores, composed of iron oxide (Fe₂O₃). It typically contains 60-70% iron content, making it highly valuable for steel production. Hematite can appear in various colors from metallic gray to reddish-brown, earning it the name "bloodstone" in some cultures. Major hematite deposits exist in Australia, Brazil, India, and China. The iron extracted from hematite is essential for manufacturing steel, which forms the backbone of modern infrastructure and industry.