Banded iron formations (BIFs) are by far the largest repositories of economic iron ore on Earth, and mines in them dwarf all but the largest surface coal mines. They also present one of the most enduring paradoxes in geochemistry. BIFs consist of oxidised iron in the form of iron(III) oxide (mainly hematite, Fe2O3), yet formed before about 2 billion years ago, when the Earth’s atmosphere and oceans were devoid of free oxygen. In fact the very formation of BIFs presupposes that iron must have been freely available in seawater as dissolved ions of its reduced form, iron(II). Their formation has been linked to the excretion of oxygen by photosynthesising cyanobacteria in the photoc zone of Archaean and Palaeoproterozoic seas, which would immediately combine with iron(II), thereby buffering environmental oxygen at very low levels. The problem with that hypothesis is BIFs show every sign of having accumulated in extremely quiet conditions: they contain the most exquisitely fine banding that in some cases has been linked to a diurnal cycle. The photic zone would have been one of high wave energy. A more environmentally viable hypothesis has to take account of that and place the environment of BIF deposition in deeper water. Biogeochemists of the California Institute of Technology and the University of Alberta have perhaps helped to resolve all the paradoxes surrounding BIFs (Kappler, A. et al. 2005. Deposition of banded iron formations by anoxygenic phototrophic Fe(II)-oxidizing bacteria. Geology, v. 33, p. 865-868). The bacteria that they cite as agents for iron(III) precipitation use the photon energy of ultraviolet radiation to oxidise iron(II) to iron(III), and in doing so use the freed electrons to reduce CO2 and water to carbohydrate – this is not photosynthesis that uses light energy to increase the energy of electrons so that they perform the life-giving reduction. Solar ultraviolet radiation penetrates to much greater depths than the red light exploited by photosynthesisers, and could therefore fuel BIF formation below storm wave base at depths greater than 200m.