•Interesting Facts about Earth. The Earth’s Molten Iron Core Creates a Magnetic Field: The Earth is like a great big magnet, with poles at the top and bottom near to the actual geographic poles. The magnetic field it creates extends thousands of kilometers out from the surface of the Earth – forming a region called the “magnetosphere“. Scientists think that this magnetic field is generated by the molten outer core of the Earth, where heat creates convection motions of conducting materials to generate electric currents.