A stalactite is a mineral formation that hangs from the ceiling of caves, hot springs, or man-made structures such as bridges and mines. Any material that is soluble and that can be deposited as a colloid, or is in suspension, or is capable of being melted, may form a stalactite. Stalactites may be composed of lava, minerals, mud, peat, pitch, sand, sinter, and amberat (crystallized urine of pack rats). The corresponding formation on the floor of the cave is known as a stalagmite.

Stalactite formation generally begins over a large area, with multiple paths for the mineral rich water to flow. As minerals are dissolved in one channel slightly more than other competing channels, the dominant channel begins to draw more and more of the available water, which speeds its growth, ultimately resulting in all other channels being choked off. This is one reason why formations tend to have minimum distances from one another. The larger the formation, the greater the interformation distance.

The same water drops that fall from the tip of a stalactite deposit more calcite on the floor below, eventually resulting in a rounded or cone-shaped stalagmite. Unlike stalactites, stalagmites never start out as hollow "soda straws". Given enough time, these formations can meet and fuse to create a speleothem of calcium carbonate known as a pillar, column, or stalagnate.

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