Hematite is the most important source of iron ore in the world. The production of iron has been important to nations of the world for over 2500 years. Today the addition of other minerals to iron has lead to the production of steel which is vital to the economy of the major countries on Earth. Hematite has a red or black color but the streak is always red. The iron in the hematite turns red when it comes in contact with water and oxygen. In other words this rock is rusted!!
Hematite has a metallic or earthy luster. The hardness of hematite is about 5 on Mohs hardness scale. It has no cleavage and breaks with an uneven fracture. The reddish landscape of Mars is due to the oxidized iron on its surface. This tells us that water and oxygen must have been present on Mars at one time.
Hematite is mined in the Lake Superior and Appalachian mountain regions of the United States. Small deposits are found in many states of the union. Canada and Russia are leading countries in the mining of iron ore.

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