By using operando Raman spectroscopy (ORS), we investigated the panoramic structure evolution of an iron oxide (a-Fe 2 O 3 ) catalyst, which is used for the production of olefins via Fischer-Tropsch (FTO). During activation in different atmospheres and reaction at 260 8C and 3.0 MPa, a-Fe 2 O 3 was only partially transformed into g-Fe 2 O 3 by H 2 pretreatment; meanwhile, a transformation of a-Fe 2 O 3 !g-Fe 2 O 3 !Fe 3 O 4 !Fe 5 C 2 was observed in both CO and syngas (H 2 /CO). Combining with other techniques such as XRD, TEM, XPS and TPSR, we reveal that assembles of various iron oxides (g-Fe 2 O 3 , Fe 3 O 4 , Fe carbide, and their combinations) are responsible for FTO. Especially, the preliminary relationship of catalyst structure and performance relating to the production of olefins directly from syngas was established. Such a study is critical for further understanding of the FTO reaction and other catalytic reactions.The iron-based Fischer-Tropsch synthesis (FTS) is a key platform for synthesizing liquid fuels or other value-added chemicals. [1][2][3] The structure evolution of iron catalysts for FTS has been studied by both academia and industry for almost 100 years. [4] It is well known that several phases (iron carbides, metallic iron, and magnetite) are produced during the reaction, and all of them have been suggested to be active for FTS. [5] On the other hand, the complexity of "real world" catalysts often precludes a detailed knowledge of the evolution of their microscopic structures and a related reaction mechanism because of the limitation of instruments.Owing to the development of surface-sensitive techniques and high-performance computers in last decades, the "operando" techniques [6][7][8][9] for the simultaneous determination of the dynamic structure of working catalysts in FTS and the catalytic performance has been developed. [10][11][12][13] A great effort (see the Supporting Information, Table S1) has been contributed to the study of the iron-based FTS using in situ or operando techniques, such as XAS, [10,14,15] IR, [16] MES, [12] XRD, [17][18][19][20] XPS [21] and STXM, [22] Raman, [23] and so on. Up to date, to the best of our knowledge, the structure evolution of iron oxide catalysts op-erating under industrial conditions (high pressure, high temperature) is rarely reported. [24] Operando Raman spectroscopy (ORS) has proven to be a powerful approach by operating over a broad temperature range 25-1000 8C and pressure range 0.1-10.0 MPa. It is even sensitive to a tiny modification of the structure that results from heat-and/or reaction-induced roughening on catalysts, while the Raman signal is less affected by the presence of H 2 O and other gases. [25][26][27] However, most of the hitherto successful applications of this technique are concentrated on several relative simple or moderate (e.g., ambient pressure) reactions, such as propane ammoxidation, [28] propane oxidative dehydrogenation, [29,30] and CO oxidation. [31] For complex reactions under harsh conditions such as FTS, ORS has be...