Abstract. Magnetite Fe3O4 and epsilon iron oxide ε-Fe2O3, having excellent frequency characteristics and high electrical resistivity, are considered as the most promising phases among all iron oxides for high-frequency equipment in order to increase the working frequency of the data transmission. Despite the large number of existing methods for synthesizing these materials, many of them do not provide both of these phases. In opposite to these methods, the plasma dynamic synthesis can provide the synthesis of necessary phases in a one-step process. The process is implemented in an electrodischarge iron-containing plasma jet, which interacts with gaseous precursor (oxygen). The use of plasma jet allows obtaining nanoscale powdered products. This work shows the results of the experiment series, where the influence of initial energy parameters on the final phase composition was studied. It is found that the plasma dynamic synthesis allows obtaining both magnetite Fe3O4 and epsilon phase ε-Fe2O3 during one short-term process (less than 1 ms). It is also established that the final phase composition strongly depends on the initial parameters of the system. The increased energy parameters lead to the formation of the product with predominant content of epsilon phase, while lower parameters allow synthesizing magnetite phase. Thus, by changing energy parameters, it is possible to control the final composition in the considered system.