Know all about Banded iron formation and Taconite properties here. All properties of rocks are important as they define the type of rock and its application. Banded iron formation and Taconite belong to Sedimentary Rocks.Texture of Banded iron formation is Banded, Trellis whereas that of Taconite is Banded, Trellis. Banded iron formation appears Layered, Banded, Veined and Shiny and Taconite appears Layered, Banded, Veined and Shiny. The luster of Banded iron formation and Taconite is earthy. Banded iron formation and Taconite are available in red, reddish brown colors. The commercial uses of Banded iron formation and Taconite are as a touchstone, cemetery markers, creating artwork.