As an abundant iron ore resource, limonite (mainly composed of goethite, hematite, lepidocrocite and other iron minerals) ore is seldom utilized due to its complex compositions, which has led to it lack mature processing methods. Magnetization roasting and magnetic separation is a promising method to process limonite ore. In this paper, the influence of microscopic pores on the reduction roasting of limonite ore was studied. X-ray diffraction, vibrating sample magnetometry, optical microscope, scanning electron microscopy, and the Brunauer-Emmett-Teller method of surface area analysis were used to study the dehydroxylation mechanism. The results indicated that goethite transformed into hematite, and the crystal structure of partly hematite probably changed when the dehydroxylation temperature increased from 600 °C to 1000 °C, making the sample more magnetic, the saturation magnetization increases significantly from 0.29 to 3.20 A·m2·kg−1. Simultaneously, SEM and BET showed the surface property has a big difference after roasting, more and more pores were generated with the temperature increased, then the specific surface area of the sample decreased from 75.94 to 0.59 m2·g−1. The reduction experiment results showed the dehydroxylation temperature has a significant effect on the reduction efficiency, the reduction time increased from 4 to 12.5 min with the temperature increased. This study has implications for the utilization of limonite ore using magnetization roasting technology.