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hematite (n.)

1540s, haematites, from Middle French hematite (16c.), from Latin haematites, from Greek haimatites lithos "bloodlike stone," from haima (genitive haimatos) "blood" (see -emia). Earlier in English as emachite (late 14c.).

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Definitions of hematite from WordNet

hematite (n.)
the principal form of iron ore; consists of ferric oxide in crystalline form; occurs in a red earthy form;
Synonyms: haematite
From wordnet.princeton.edu