Magnetite is a highly magnetised form of iron oxide. It occurs as octahedral crystals and in granular or massive form.
Magnetite can be used in place of magnets in magnetic therapy. Its energy is very grounding and has the ability to attract (magnetise) that which one desires to the user. - but be careful what you wish for! This stone is very grounding and balancing, especially when held one in each hand. It can also help balance the polarities of the energy field when placed one each at crown and base chakra (in Unified state try placing one each at alpha and omega centres), whilst grounding energy safely to the Earth. Magnetite also helps prevent energy burnout and is a useful stone for healers and psychics to carry or use following work. Being iron based it is also useful for physical complaints associated with the circulatory system, blood flow , bone marrow, the heart and liver.