soil layer that is rich in iron oxide and derived from a wide variety of rocks weathering under strongly oxidizing and leaching conditions. It forms in tropical and subtropical regions where the climate is humid. Lateritic soils may contain clay minerals; but they tend to be silica-poor, for silica is leached out by waters passing through the soil. Typical laterite is porous and claylike. It contains the iron oxide minerals goethite, HFeO₂; lepidocrocite, FeO(OH); and hematite, Fe₂O₃. It also contains titanium oxides and hydrated oxides of aluminum, the most common and abundant of which is gibbsite, Al₂O₃·3H₂O. The aluminum-rich representative of laterite is bauxite.

Laterite is frequently pisolitic (pealike). Exposed surfaces are blackish-brown to reddish and commonly have a slaggy, or scoriaceous, lavalike appearance. Commonly lighter in colour (red, yellow, and brown) where freshly broken, it is generally soft when freshly quarried but hardens on exposure.

Laterite is not uniquely identified with any particular parent rock, geologic age, single method of formation, climate per se, or geographic location. It is a rock product that is a response to a set of physiochemical conditions, which include an iron-containing parent rock, a well-drained terrain, abundant moisture for hydrolysis during weathering, relatively high oxidation potential, and persistence of these conditions over thousands of years.

Laterite has been used as an iron ore and, in Cuba, as a source of nickel.