What compound was formed by the reaction of the first oxygen released by cyanobacteria and iron?

The compound that was formed by the reaction of the first oxygen released by Cyanobacteria and iron are the metals of the earths crust. Cyanobacteria was the first organisms that used water instead of hydrogen sulfide or other compounds as a source of electrons and hydrogen for fixing carbon dioxide. Early Cyanobacteria inhabited marine sediments where Archean banded iron formations were deposited; consisting of reddish layers rich in iron oxide.