Know all about Schist and Laterite properties here. All properties of rocks are important as they define the type of rock and its application. Schist belongs to Metamorphic Rocks while Laterite belongs to Sedimentary Rocks.Texture of Schist is Foliated, Platy whereas that of Laterite is Earthy, Massive, Porphyritic. Schist appears Layered and Shiny and Laterite appears Rough and Banded. The luster of Schist is shiny while that of Laterite is dull. Schist is available in black, blue, brown, dark brown, green, grey, silver colors whereas Laterite is available in brown, buff, red colors. The commercial uses of Schist are used in aquariums, writing slates and that of Laterite are an oil and gas reservoir, source of bauxite, used in aquariums.