Know all about Icelandite and Laterite properties here. All properties of rocks are important as they define the type of rock and its application. Icelandite belongs to Igneous Rocks while Laterite belongs to Sedimentary Rocks.Texture of Icelandite is Aphanitic to Porphyritic whereas that of Laterite is Earthy, Massive, Porphyritic. Icelandite appears Dull and Soft and Laterite appears Rough and Banded. The luster of Icelandite is vitreous while that of Laterite is dull. Icelandite is available in bluish - grey, grey, pink, yellow colors whereas Laterite is available in brown, buff, red colors. The commercial uses of Icelandite are cemetery markers, creating artwork and that of Laterite are an oil and gas reservoir, source of bauxite, used in aquariums.