Hematite generally occurs as opaque with a metallic sheen. However, it can appear to be a blood red color if it's cut into thin slices. An imitation of hematite, hematine or hemalyke, closely resembles hematite. It's made of stainless steel, chromium and nickel sulfides. This substance is magnetic and is what's used to make the magnetic hematite jewelry that's all the rage at New Age venues. Hematite is not magnetic.
To clean a hematite, place it among tumbled rock crystals. It will releases it's negative energy while simultaneously becoming recharged with positive energy. Do not attempt to clear or clean a hematite with water.