In chemistry, iron(III) refers to the element iron in its +3 oxidation state. In ionic compounds (salts), such an atom may occur as a separate cation (positive ion) denoted by Fe3+.
The adjective ferric or the prefix ferri- is often used to specify such compounds, as in ferric chloride for iron(III) chloride (). The adjective ferrous is used instead for iron(II) salts, containing the cation Fe2+. The word ferric is derived from the Latin word ferrum, meaning "iron".
Iron(III) metal centres also occur in coordination complexes, such as in the anion ferrioxalate, , where three bidentate oxalate ions surrounding the metal centre; or, in organometallic compounds, such as the ferrocenium cation , where two cyclopentadienyl anions are bound to the FeIII centre.
Iron is almost always encountered in the oxidation states 0 (as in the metal), +2, or +3. Iron(III) is usually the most stable form in air, as illustrated by the pervasiveness of rust, an insoluble iron(III)-containing material.
Almost all known forms of life, particularly complex life, require iron. Many proteins in living beings contain bound iron(III) ions; those are an important subclass of the metalloproteins. Examples include oxyhemoglobin, ferredoxin, and the cytochromes.
Nearly all living organisms, from bacteria to humans, store iron as microscopic crystals (3 to 8 nm in diameter) of iron(III) oxide hydroxide, inside a shell of the protein ferritin, from which it can be recovered as needed.
Insufficient iron in the human diet causes anemia. Animals and humans can obtain the necessary iron from foods that contain it in assimilable form, such as meat. Other organisms must obtain their iron from the environment. However, iron tends to form highly insoluble iron(III) oxides/hydroxides in aerobic (oxygenated) environment, especially in calcareous soils. Bacteria and grasses can thrive in such environments by secreting compounds called siderophores that form soluble complexes with iron(III), that can be reabsorbed into the cell.