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