Hematite also spelled as haematite, is the mineral form of iron (III) oxide (Fe2O3). It forms a complete solid solution at temperatures above 950 °C (1,740 °F). Hematite is a mineral, colored black to steel or silver-gray, brown to reddish brown, or red. Huge deposits of hematite are found in banded iron formations. Gray hematite is typically found in places that can have still standing water or mineral hot springs. Hematite can also occur without water, however, usually as the result of volcanic activity.
Rhodium is a noble metal with a whitish gray appearance, and it is typically applied to metal through electroplating. A plating of rhodium is applied over either sterling silver or alloys to give a piece of jewelry a bright, glossy and long-lasting finish.