During induration of iron ore pellets produced from magnetite concentrates, there are many reactions occurring simultaneously. While the magnetite is being oxidised to hematite, carbonate fluxes are being calcined, leading to the formation of complex oxides. Calcination of fluxes and the formation of calcium and magnesium ferrites and silicates during the preheat stage can influence the magnetite oxidation process. As the calcination reaction proceeds quicker than oxidation at temperatures experienced during the preheat stage (700 - 1200C), the bulk flow of CO2 emanating from within the pellet should disrupt the diffusion of O2 to the magnetite reaction as the gas fluxes are similar in magnitude. This increases the time required for the oxidation of the pellet. Using an infrared rapid heating furnace, experiments were performed on heating individual magnetite green balls in an air atmosphere. These experiments showed that time played an important role in the extent of oxidation and calcination and temperature significantly influenced the initial evolution of high temperature phases such as magnesioferrite, calcium ferrites and calcium silicates. Understanding the kinetics of all these reactions for a particular pellet feed, and their interaction, is important for optimising the design of the induration furnace.