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 Laterite Uses. We have provided you with all information about Laterite rock here. Laterite rock is a type of Sedimentary rock which is rich in iron and aluminium, formed in hot and wet tropical areas. Laterite is available in brown, buff, red colors. The streak of a rock is the color of powder produced when it is dragged across an unweathered surface. The streak of Laterite is white. Get to know more about Laterite rock and characteristics of Laterite rock in the next sections.