2 CuI + 2 Fe₂O₃ + 6 H₂SO₄ → 2 CuSO₄ + I₂ + 4 FeSO₄ + 6 H₂O

This is an acid-base reaction (neutralization): Fe₂O₃ is a base, H₂SO₄ is an acid.

This is an oxidation-reduction (redox) reaction:

CuI is a reducing agent, CuI is a reducing agent, Fe₂O₃ is an oxidizing agent.

Reactants:

• CuI – Copper(I) iodide
  • Other names: Cuprous iodide
  • Appearance: White powder | when impure: tan or brownish
• Fe₂O₃ – Iron(III) oxide
  • Other names: Ferric oxide , Hematite , Ferric iron ... show moreRed iron oxide , Rouge , Maghemite , Colcothar , Iron sesquioxide , Rust , Ochre , Iron oxide dust and fume (as Fe) , Iron oxide red , Red oxide , Anhydrous ferric oxide , Iron (III) oxide , Diiron trioxide , Iron trioxide , Ferric sesquioxide , Iron(III) oxide [Iron oxide dust and fume (as Fe)] , Iron(III)oxide [Rouge] show less
  • Appearance: Red-brown solid ; Reddish brown-to-black crystals or powder ; Reddish-brown solid. [Note: Exposure to fume may occur during the arc-welding of iron.] ; A fine, red powder of ferric oxide. [Note: Usually used in cake form or impregnated in paper or cloth.]
• H₂SO₄ – Sulfuric acid
  • Other names: Oil of vitriol , Sulfuric acid, concentrated (> 51% and < 100%) , H2SO4 ... show moreSulphuric acid , Battery acid , Hydrogen sulfate , [SO2(OH)2] , [S(OH)2O2] , Sulfuric acid (aqueous) show less
  • Appearance: Clear, colorless liquid ; Odourless colourless oily hygroscopic liquid ; Colorless to dark-brown, oily, odorless liquid. [Note: Pure compound is a solid below 51°F. Often used in an aqueous solution.]

Products:

• CuSO₄ – Copper(II) sulfate
  • Other names: Cupric sulphate , Blue vitriol (pentahydrate) , Bluestone (pentahydrate) ... show moreBonattite (trihydrate mineral) , Boothite (heptahydrate mineral) , Chalcanthite (pentahydrate mineral) , Chalcocyanite (mineral) , Cupric sulfate , Copper sulfate (anhydrous) , CuSO4 , Copper sulfate , Cupric sulfate anhydrous , Copper monosulphate , Copper sulfate (1:1) , Cupric sulphate anhydrous , Copper sulphate , Copper(2+) sulfate , Copper(II) sulphate , Copper monosulfate , Cupric sulfate, anhydrous , Cupric sulphate, anhydrous , Sulfuric acid, copper(2+) salt(1:1) show less
  • Appearance: Gray-white (anhydrous) | blue (pentahydrate) ; White hygroscopic crystals
• I₂
  • Names: Iodine , Jod , Iode ... show moreIodio , Yodo , Iodine crystals , Molecular iodine show less
  • Appearance: Bluish black or dark purple crystals with pungent odour ; Violet solid with a sharp, characteristic odor.
• FeSO₄ – Iron(II) sulphate
  • Other names: Iron(II) sulfate , Ferrous sulfate , Green vitriol ... show moreIron vitriol , Copperas , Melanterite , Szomolnokite , Ferrous sulfate , Iron sulfate (1:1) , Iron(II) sulfate (1:1) , Ferrous sulfate (anhydrous) , Ferrous sulfate (anh.) , Iron(2+) sulfate (anh.) , FeSO4 , Fe(II)SO4 , Ferrous sulfate anhydrous show less
  • Appearance: White crystals (anhydrous) | White-yellow crystals (monohydrate) | Blue-green crystals (heptahydrate)
• H₂O – Water, oxidane
  • Other names: Water (H2O) , Hydrogen hydroxide (HH or HOH) , Hydrogen oxide ... show moreDihydrogen monoxide (DHMO) (systematic name) , Hydrogen monoxide , Dihydrogen oxide , Hydric acid , Hydrohydroxic acid , Hydroxic acid , Hydrol , Μ-oxido dihydrogen , Κ1-hydroxyl hydrogen(0) show less
  • Appearance: White crystalline solid, almost colorless liquid with a hint of blue, colorless gas