3-Nitro-1,2,4-triazol-5-one (NTO) is an insensitive munition compound (MC) that has replaced legacy MC. NTO can be highly mobile in soil and groundwater due to its high solubility and anionic nature, yet little is known about the processes that control its environmental fate. We studied NTO reduction by the hematite–Fe2+ redox couple to assess the importance of this process for the attenuation and remediation of NTO. Fe2+ (aq) was either added (type I) or formed through hematite reduction by dithionite (type II). In the presence of both hematite and Fe2+ (aq), NTO was quantitatively reduced to 3-amino-1,2,4-triazol-5-one following first-order kinetics. The surface area-normalized rate constant (k SA) showed a strong pH dependency between 5.5 and 7.0 and followed a linear free energy relationship (LFER) proposed in a previous study for nitrobenzene reduction by iron oxide–Fe2+ couples, i.e., log k SA = −(pe + pH) + constant. Sulfite, a major dithionite oxidation product, lowered k SA in type II system by ∼10-fold via at least two mechanisms: by complexing Fe2+ and thereby raising pe, and by making hematite more negatively charged and hence impeding NTO adsorption. This study demonstrates the importance of iron oxide–Fe2+ in controlling NTO transformation, presents an LFER for predicting NTO reduction rate, and illustrates how solutes can shift the LFER by interacting with either iron species.