“Magnetic Hematite” looks and reacts to tests very much like natural hematite - it is hard to them apart. “Magnetic Hematite” or “Hematine” is a composite material derived from Natural Hematite (iron oxide-Fe2O3), Magnetite (iron oxide- Fe3O4) and small amounts of other natural minerals such as copper, titanium and aluminum. This composite material can be intensely and permanently magnetized. (Natural hematite cannot be magnetized.)“ The benefits of this stone, first it looks amazing, second you get the benefits of the magnetic properties. If you are looking for the benefits of magnetic, and the beauty of the Rainbow Titanium then this is for you.