The characteristics of Bedded Cherts and Banded Iron‐Formations are summarised. As, following O'Rourke's work, the latter are considered as not confined to the Precambrian, the only significant difference between the two formations is shown to be the low iron content of Bedded Cherts. This difference it is suggested is due to Bedded Cherts having been deposited in a virtually continuously acid to weakly alkaline environment, whereas Banded Iron‐Formation was precipitated under an alternation of acid and alkaline conditions yielding siliceous and iron‐rich layers respectively. Such chemical precipitation of either Bedded Chert or Banded Iron‐Formation was in some examples of each type of formation rhythmically interrupted by the deposition of clastic sediment.