Iron aluminate (FeAl2O4) hollow particles with a spinel structure were synthesized by using a spray pyrolysis process. FeAl2O4 hollow particles were formed at a reaction temperature of 900 • C at a flow rate of 40 L/min as a result of the rapid solvent evaporation and decomposition gases from the droplets in the spray solution prepared from metal salts and organic reagents. FeAl2O4 hollow particles were fabricated at a reaction temperature of 900 • C with a flow rate of 40 L/min. The FeAl2O4 hollow particles were heat treated for 3 hours at 600 • C in a 5% H2/Ar atmosphere to form the crystal particles. Subsequently, FeAl2O4 nanoparticles were fabricated from the FeAl2O4 hollow particles by using the wet milling process. After milling for 60 minutes, transmission electron microscopy revealed the FeAl2O4 particles to have a mean size of approximately 50 nm. The FeAl2O4 nanoparticles were fabricated successfully by using a two-step process, spray pyrolysis and wet milling.