Outer core in the context of Earth's inner core

Iron is a chemical element; it has symbol Fe (from Latin ferrum 'iron') and atomic number 26. It is a metal that belongs to the first transition series and group 8 of the periodic table. It is, by mass, the most common element on Earth, forming much of Earth's outer and inner core. It is the fourth most abundant element in the Earth's crust. In its metallic state it was mainly deposited by meteorites.

Extracting usable metal from iron ores requires kilns or furnaces capable of reaching 1,500 °C (2,730 °F), about 500 °C (900 °F) higher than that required to smelt copper. Humans started to master that process in Eurasia during the 2nd millennium BC and the use of iron tools and weapons began to displace copper alloys – in some regions, only around 1200 BC. That event is considered the transition from the Bronze Age to the Iron Age. In the modern world, iron alloys, such as steel, stainless steel, cast iron and special steels, are by far the most common industrial metals, due to their mechanical properties and low cost. The iron and steel industry is thus very important economically, and iron is the cheapest metal, with a price of a few dollars per kilogram or pound.

The geomagnetic poles are antipodal points where the axis of a best-fitting dipole intersects the surface of Earth. This theoretical dipole is equivalent to a powerful bar magnet at the center of Earth, and comes closer than any other point dipole model to describing the magnetic field observed at Earth's surface. In contrast, the magnetic poles of the actual Earth are not antipodal; that is, the line on which they lie does not pass through Earth's center.

Owing to the motion of fluid in the Earth's outer core, the actual magnetic poles are constantly moving (secular variation). However, over thousands of years, their direction averages to the Earth's rotation axis. On the order of once every half a million years, the poles reverse (i.e., north switches place with south) although the time frame of this switching can be anywhere from every 10 thousand years to every 50 million years. The poles also swing in an oval of around 50 miles (80 km) in diameter daily due to solar wind deflecting the magnetic field.