The carbidization of Fe(0) nanoparticles (NPs) under syngas (CO/ H 2 ) produces crystalline Fe 2.2 C iron carbide NPs (ICNPs) displaying excellent hyperthermia properties, however, this transformation is significantly delayed by the concomitant water formation. Consequently, very long carbidization times (~140 h) are needed to obtain ICNPs with high specific absorption rate. In this paper, we show that the rate of the carbidization process can be greatly enhanced by the in-situ removal of water using activated molecular sieves. As a result, ICNPs displaying very high heating power were obtained after only 40 h. Using this strategy, CO was successfully replaced by CO 2 as a carbon source in the carbidization process, resulting in the efficient conversion of Fe(0) NPs to ICNPs at relatively low temperature (230 8C). Without water removal, carbidization did not occur under these conditions, and the Fe(0) NPs were clearly oxidized. In addition, this approach was successfully applied to displace the equilibrium of CO 2 hydrogenation and accelerate the rate of the magnetically induced hydrogenation of CO 2 on ICNPs. Interestingly, the in-situ water removal had also a strong influence on the product distribution and especially the chain growth process, leading to a higher selectivity towards the formation of C 3 H 8 (~11 %).The synthesis of magnetic nanoparticles (NPs) able to efficiently convert electromagnetic energy into heat through magnetic hyperthermia is of special interest in the fields of biomedicine and catalysis. NPs displaying high specific absorption rates (SARs) indeed represent powerful multifunctional tools which can be used in a wide range of applications, such as medical magnetic hyperthermia, [1] drug delivery, [1c,2] and magnetically induced catalysis. [3] While the field of biomedicine still concentrates most of the applications involving magnetic heating NPs [1b] -with iron oxides as candidates of choice -, magnetic induction appears to be of growing interest in the field of catalysis. [3] Considering heterogeneously catalyzed reactions such as the Fischer-Tropsch synthesis or the Sabatier reaction, which are performed at relatively high temperatures (> 200 8C for the Fischer-Tropsch synthesis, > 250 8C for the Sabatier reaction) heating NPs should possess the appropriate magnetic properties to reach these temperatures. Iron oxides being inappropriate, designing NPs displaying more efficient hyperthermia properties, such as ferrites, [1a] Fe(0) [4] or iron carbides [3h,5] is necessary.A synthesis of 15 nm iron carbide NPs (ICNPs) displaying excellent specific absorption rates, and their use for the magnetically induced hydrogenation of carbon dioxide has been recently reported. [3h] Inspired from the Fischer-Tropsch synthesis, the carbidization process is based on the reaction between preformed Fe(0) NPs and a mixture of CO and H 2 at 150 8C. [3h,6] These NPs contain more than 80 % of the carbon-rich Fe 2.2 C crystallographic phase, which was demonstrated to be the key to their enhanced he...