| Reaction | 3Fe2O3 (s hematite) + CO (g) → CO2 (g) + 2Fe3O4 (s magnetite) |
| Is balanced | Yes |
| ΔH°rxn | -46.98632 kJ/mol (exothermic) |
| ΔS°rxn | 46.4424 J/molK (increase disorder) |
| ΔG°rxn | -61.2956 kJ/mol (exergonic) |
| Behavior | always spontaneous |
| Favorable at 25 Celsius | Yes |