The lithium battery using Fe3O4 fine particles has been constructed. The discharge characteristics were improved by the addition of India ink or polyvinyl alcohol (PVA). The discharge potential at 60°C maintained 2.5V versus Li/Li+ up to 500mAhg−1 and was 1.8V at a large capacity of 926mAhg−1. The possibility of secondary battery was discussed from the result of cycling test with 926mAhg−1. Similar potential curve was obtained in the second cycle. Although degradation was observed in the third cycle, cyclability was maintained. However, the test cell stopped in fourth discharge. It is concluded that a large capacity was achieved at 60°C using fine particles of Fe3O4 with PVA additive. According to the cycling test, it is expected to be a secondary battery by further development in nanostructure of the cathode.