What does the surface coverage of non-magnetic hematite signify about the crustal iron inventory?
Answer
The iron has been chemically altered to its most oxidized state
The fact that the Martian surface is predominantly covered in hematite, a state that is effectively non-magnetic, provides critical insight into the history of its crustal iron. This signifies that the vast majority of exposed iron has undergone chemical alteration to reach its highest possible oxidation state. This finding is significant because if substantial deposits of magnetic materials like magnetite or metallic iron remained close to the surface, the crust would exhibit stronger magnetic signatures. The widespread lack of such signatures confirms the extensive and deep chemical alteration of the crustal iron inventory.

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