Today meteoritic iron is used in niche jewellery and knife production, but most of it is used for research, educational or collecting purposes.
Meteoric iron also has an effect on the Earth's atmosphere. When meteorites descend through the atmosphere, outer parts are ablated. Meteoric ablation is the source of many elements in the upper atmosphere. When meteoric iron is ablated, it forms a free iron atom that can react with ozone (O3) to form FeO. This FeO may be the source of the orange spectrographic bands in the spectrum of the upper atmosphere.
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