Haematite is an ore of

Haematite$\left({\mathrm{Fe}}_2{\mathrm{O}}_3\right)$ is an ore of Iron.

Haematite is a primary ore of iron, commonly found in nature as a reddish-brown mineral. It has the chemical formula Fe₂O₃ and contains a high percentage of iron, making it one of the most important sources of iron extraction. Haematite forms through natural processes, such as the weathering of iron-rich rocks and the action of water, which leads to the oxidation of iron.

Haematite is typically mined through open-pit mining, and the extracted mineral is then processed to extract the iron. The iron is used in various industries, primarily for making steel, which is essential for construction, manufacturing, and transportation.

The significance of haematite as an iron ore lies in its high iron content and ease of processing, making it a vital raw material in the global economy.