Rocks are naturally occurring solids which are composed of minerals & have been used by humans since ages. From Stone Age, rocks are used for various purposes. Also, the metals and minerals found in rock play an important role in our life. Get to know all the Banded iron formation Uses. We have provided you with all information about Banded iron formation rock here. Banded iron formation are distinctive units of sedimentary rock that are almost always of Precambrian age. Banded iron formation is available in red, reddish brown colors. The streak of a rock is the color of powder produced when it is dragged across an unweathered surface. The streak of Banded iron formation is white. Get to know more about Banded iron formation rock and characteristics of Banded iron formation rock in the next sections.