Know all about Banded iron formation and Peridotite properties here. All properties of rocks are important as they define the type of rock and its application. Banded iron formation belongs to Sedimentary Rocks while Peridotite belongs to Igneous Rocks.Texture of Banded iron formation is Banded, Trellis whereas that of Peridotite is Phaneritic. Banded iron formation appears Layered, Banded, Veined and Shiny and Peridotite appears Rough and Shiny. The luster of Banded iron formation is earthy while that of Peridotite is shiny. Banded iron formation is available in red, reddish brown colors whereas Peridotite is available in dark greenish - grey colors. The commercial uses of Banded iron formation are as a touchstone, cemetery markers, creating artwork and that of Peridotite are creating artwork, gemstone, jewelry, source of chromite, platinum, nickel and garnet, source of diamonds.