Researchers say the 1,000-year-old object with a swastika on its stomach is made from a rare form of iron with a high content of nickel.
They believe it is part of the Chinga meteorite, which crashed about 15,000 years ago.
The findings appear in the Journal,Meteoritics and Planetary Science.
The 24cm (9-inch) tall statue is 10kg (22lb) and is called the Iron Man,an ancient Buddhist statue that was recovered by a Nazi expedition in the 1930s was originally carved from a highly valuable meteorite.
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