I collected a lot of meteoric iron.

[ArcticWarfare]

I went on a journey to the south in search of ebony and purpleheart (found both), about 70km walked in total. On my way, I found a LOT of meteoric iron. 8 stacks of ore. I found a lot more meteors but my inventory was completely full of logs.

Bonus pic: No, it's not a fire hazard.