Two 10% FeAl2O3 catalysts with supports of different surface areas were studied by means of an in situ combined temperature-programmed reduction (TPR)-Mossbauer spectroscopy technique, which enabled a Mossbauer measurement to be obtained in situ after temperature-programmed reduction to any temperature. Various reactions occurring during the TPR process of the catalysts were revealed. It was found that, although the iron concentration was high, considerably strong metal (oxide)-support interactions occurred in the catalyst with higher surface area, and the TPR of the sample consisted of three consecutive stages, namely, at around 460 °C, 790 °C, and above 850 °C. In the first stage from 300 to 600 °C mainly the reduction of Fe(III) to Fe3O4 and then Fe3O4 to Fe(II) aluminate took place. It was amazing to find that over the temperature range of 470–600 °C Fe3O4 was converted into Fe(II) and Fe(III) aluminates without the consumption of hydrogen, and thereby an increase in the amount of Fe(III) was observed when increasing the TPR temperature from 470 to 600 °C. In the meantime, the Fe(III) species which remained unreduced were also transformed to Fe(III) aluminate at these temperatures. In the second stage from 600 to 850 °C, Fe(III) aluminate was reduced, giving rise to the formation of Fe(II) aluminate and Fe(0). In the final stage, above 850 °C, Fe(II) aluminate was reduced to Fe(0). It was found that the reduction of Fe(II) aluminate was accompanied by a migration of the Fe(II) ions from the octahedral sites to the less stable tetrahedral ones, and thus facilitated the reduction. Chemical control of the reduction was present during the TPR over the temperature range of 470–700 °C. The catalyst with lower surface area gave a similar pattern of reduction, but with some varied features due to different extent of metal-support interactions.