Know all about Banded iron formation and Schist 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 Schist belongs to Metamorphic Rocks.Texture of Banded iron formation is Banded, Trellis whereas that of Schist is Foliated, Platy. Banded iron formation appears Layered, Banded, Veined and Shiny and Schist appears Layered and Shiny. The luster of Banded iron formation is earthy while that of Schist is shiny. Banded iron formation is available in red, reddish brown colors whereas Schist is available in black, blue, brown, dark brown, green, grey, silver colors. The commercial uses of Banded iron formation are as a touchstone, cemetery markers, creating artwork and that of Schist are used in aquariums, writing slates.