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India.com
17-05-2025
- Business
- India.com
Scientists hit jackpot, discover biggest iron ore deposit ever worth Rs 48,79,23,70,50,00,000; discovery made at...
(Representational image) New Delhi: Scientists have discovered what is being described as the largest iron ore deposit ever recorded. The discovery has been made in Western Australia. The iron ore is estimated at 55 billion metric tons valued at approximately $5.7 trillion. The finding was published recently in Proceedings of the National Academy of Sciences (PNAS). This discovery has redefined the scale of Earth's mineral wealth and also challenges long-standing scientific views on how such deposits form. According to the report, this vast resource is located in the Hamersley region and holds immense potential to reshape global mining, trade, and economic landscapes. According to the study, the iron deposit's formation appears intricately linked to the movements of ancient supercontinents, challenging prior theories centered on the Great Oxygenation Event alone. Going by this theory, massive iron ore deposits can form over longer geological periods and under varying conditions, vastly expanding where future exploration might focus. One of the study's co-authors stated, 'The discovery of a link between these giant iron ore deposits and changes in supercontinent cycles improves our understanding of ancient geological processes.' The Hamersley deposit, with an estimated value of $5.775 trillion, makes small all previously known iron ore reserves as it surpasses significant deposits such as the Kursk Magnetic Anomaly in Russia. It establishes Australia's role as the world's leading iron ore exporter which will have far-reaching effects on global steel production, supply chains, and international trade agreements, especially as demand surges in emerging economies like China and India. The deposit's immense size and high iron content make it an exceptionally profitable resource and mining companies are expected to pour significant investments into infrastructure, including new railways and ports to easily transport the deposit of this iron ore. However, it does not come without environmental concerns, with potential impacts on local ecosystems and water resources demanding sustainable approaches. Apart from the monetary aspect, this discovery is expected to influence geological research and exploration strategies globally and perhaps encourage further discoveries for precious minerals and metals. To sum up, these findings contribute to a better understanding of Earth's tectonic history and mineral formation processes, which remain some of the most complex puzzles in geoscience.


Forbes
30-03-2025
- Science
- Forbes
The ‘Boring Billion' Was A Geological Power Move — And It Changed Life Forever
Scientists once called it an uneventful stretch of history. In reality, it was quietly shaping the ... More future of life itself. Here's why the world's most 'boring' billion years were also its most important. For nearly a billion years, Earth seemed to fall into an evolutionary slumber. Between 1,800 and 800 million years ago — a stretch of time now infamously known as the boring billion — oxygen levels stagnated, tectonic movements slowed and life appeared stuck in a state of suspended animation. But this era was hardly the dull hiatus it's made out to be. Recent research suggests that the boring billion was less of an evolutionary dead zone and more of an incubator, steadily setting the stage for the explosion of complex life that followed. The term was coined by paleontologist Martin Brasier to describe what seemed like a geological and biological lull. Unlike the dramatic upheavals of the Snowball Earth events or the Cambrian explosion, this period was marked by tectonic stability, climatic stasis and a seeming lack of evolutionary progress. During this time, supercontinents like Columbia and Rodinia formed and remained relatively unchanged, while Earth's atmosphere lingered at oxygen levels far below today's breathable air. The planet was locked in a stable, low-energy state. Scientists once thought that nothing of significance transpired. However, this stability did not equate to stagnation — it contributed to a period of hidden transformation. It was during this time that some of life's most crucial evolutionary advancements took root: In fact, the relatively moderate changes that occurred during this period may have been a necessary prelude to complexity, according to a March 2018 study published in Scientific Reports. This would suggest that the billion years were 'boring' enough to stabilize Earth's biosphere before the planet was ready to support more advanced life forms. One of the most baffling aspects of the boring billion is the oxygen paradox. The Great Oxygenation Event around 2.4 billion years ago saw a dramatic rise in atmospheric oxygen. But instead of continuing to increase, oxygen levels plateaued for nearly a billion years. This was likely caused by a feedback loop in which cyanobacteria, the early oxygen producers, inadvertently slowed their own progress. This suggests that the enzyme nitrogenase, crucial for nitrogen fixation, was destroyed by oxygen. As oxygen levels crept up, it became harder for life to maintain the nitrogen cycle needed to sustain itself. Another major culprit may have been sulfur-loving microbes, which dominated the oceans and locked Earth into a cycle of low oxygen and high sulfide conditions. A September 2009 study published in Proceedings of the National Academy of Sciences suggests that these microbes thrived in the sulfur-rich oceans, keeping the planet in an anoxic stranglehold. The prolonged 'stability' afforded by the boring billion allowed Earth's systems to fine-tune key biochemical and geochemical processes, laying the groundwork for future complexity. When the long-standing oxygen plateau finally gave way to a surge in atmospheric and oceanic oxygen levels, this increase was fueled by a shift in microbial and algal activity, which ramped up photosynthesis and altered the carbon cycle. This new oxygen influx would become a crucial tipping point for complex life. The fracturing of Rodinia only tipped the scales further. While it had remained intact throughout the boring billion, limiting ocean circulation and nutrient upwelling, the end of this period saw the supercontinent begin to fracture. As it happened, ocean currents intensified, redistributing oxygen and nutrients across previously stagnant waters. This tectonic upheaval may have accelerated evolutionary change, setting the stage for biological diversification. With higher oxygen levels, increased nutrient cycling and shifting ocean currents, Earth's long dormancy ended in dramatic fashion. By 540 million years ago, the Cambrian explosion was underway — a rapid diversification of life that saw the emergence of complex multicellular organisms, predatory behavior and the foundations of modern ecosystems. Stories like the boring billion spotlight the endless potential of our natural world and the curious ways in which life adapts. How do you feel about nature's ability to adapt against the odds? Find out now with a 2-minute quiz to see where you stand on the Connectedness To Nature Scale.