The pyrolysis characteristics of siderite at different heating rates under the neutral atmosphere were investigated using various tools, including comprehensive thermal analyzer, tube furnace, X-ray diffraction (XRD), scanning electron microscope (SEM), energy-dispersive spectrometry (EDS) and vibrating specimen magnetometer (VSM) measurements. The reaction of siderite pyrolysis followed the one-step reaction under the neutral atmosphere: FeCO₃ → Fe₃O₄ + CO₂ + CO. As the increasing of heating rate, the start and end pyrolysis temperatures and temperate where maximum weight loss rate occurred increased, while the total mass loss were essentially the same. Increasing heating rate within a certain range was in favor of shortening the time of each reaction stage, and the maximum conversion rate could be reached with a short time. The most probable mechanism function for non-isothermal pyrolysis of siderite at different heating rates was A_1/2 reaction model (nucleation and growth reaction). With increasing heating rate, the corresponding activation energies and the pre-exponential factors increased, from 446.13 to 505.19 kJ∙mol⁻¹, and from 6.67 × 10⁻¹⁸ to 2.40 × 10⁻²¹, respectively. All siderite was transformed into magnetite with a porous structure after pyrolysis, and some micro-cracks were formed into the particles. The magnetization intensity and specific susceptibility increased significantly, which created favorable conditions for the further effective concentration of iron ore.