Which parts of atoms can interact (react) to form chemical bonds?

The valence electrons are the parts of an atom that make interactions and make chemical bonds.
Every atom is made of three different components, a positively charged proton, neutrally charged neutron and negatively charged electron. The protons and the neutrons make up the atom's core and the electrons orbit around that core.
The electrons that orbit around the atom's core in its outer-most orbit (the one that is the furthest from the atom's core) can interact with electrons of other atoms, forming different kinds of chemical bonds.
If there is an exchange of the electrons (one atom donates its electrons to another atom), that results in forming of ions, then those two atoms can be linked in an ionic bond.
If an electron is shared between two atoms, then that bond is called a covalent bond.

Remember that rust prevented by placing a sacrificial electrode in electrical contact with the iron. the sacrificial electrode must be composed of a metal that  oxidizes  more easily than iron (that is, it must be below iron in table 18.1).