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The East European Craton is a collage of Early Precambrian crustal fragments including Fennoscandia, Sarmatia, and Volga‐Uralia, which are welded by Palaeoproterozoic collisional orogens. Here, we present a detailed overview of the sedimentary basins in Sarmatia that incorporate giant belts of banded iron formations (BIFs) and are therefore important in understanding the geological history and global...