This mirror-like metallic black "stone" is exactly what its name says it is: hemalyke, a "look alike" for natural hematite. But without its cost this man-made "stone" is very popular. Use hemalyke in jewellery when you want a shiny almost gun-metal black or to add a sleek, modern look. With hemalyke, you get hematite's beauty but with a uniformity and price that's far superior. Note: Hemalyke is not magnetic - see Magnetic Hematite for that version.