We developed a process for coating CuO powder with magnetite film from an aqueous solution. Reaction solution contained 0.12 M of FeCl 2 and 0.03 M of CuCl 2 . The Cu 2+ ions promoted the oxidation of Fe(OH) 2 to form Fe 3 O 4 . The solution was maintained at pH ~6 using CH 3 COONH 4 of 0.2 M as a buffer to prevent the formation of hematite. The CuO grains of a spherical shape and ~50 µm in size were mechanically suspended in the solution, on which magnetite particles were directly deposited. The mole ratio of Cu 2+ / Fe 2+ strongly influenced the coverage of the magnetite film as well as the morphology of the constituent grains. When the Fe 2+ / Cu 2+ mole ratio was 1: 0.5, the spherical magnetite particles of ~60 nm in diameter coated well each CuO grain with the thickness of ~3 µm. The prepared powder exhibited that the saturation magnetization and the coercivity reached to ~5.4 emu/g and ~575 Oe, respectively. On heating up to 450 o C, the powder experienced two oxidations below 400 o C, indicating the formation of γ-Fe 2 O 3 . The magnetic composite powder appeared to be stable up to 400 o C.