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Hematite Meaning and Healing Properties. If you're drawn to the Hematite crystal, it could be a sign that you're in need of grounding and balancing in your life. As soon as the Hematite crystal stone touches the skin, you'll feel more centered and calm with its intense but subtle vibrations. Hematite is also good for working with the Root Chakra, helping to transform negative energies into a more positive vibration.