750 million years ago (Ma) there is a renewed deposition of BIF which marks a significant change in ocean chemistry. This was likely due to snowball earth episodes where the entire globe including the oceans was covered in a layer of ice cutting off oxygenation. In the late Neoproterozoic high carbon burial rates increased the atmospheric oxygen level to >10% of its present-day value. In the Latest Neoproterozoic another major oxidizing event occurred on Earth's surface that resulted in an oxic deep ocean and possibly allowed for the appearance of multicellular life.