To pioneer new performance nanomaterials for diverse engineering areas in order to meet the human beings of necessity. Researchers and engineers from the world are focusing on the search of those materials and to make easy ways of designing and synthesizing those expected materials. Indeed, from an inspiration of a material coming from a natural mineral (meteorite), it is demonstrated here that tetrataenite (NiFe) is a new technological materials for many applications with a properties very similar to the rare-earth materials. So, as a result of our search, it is noted that many composite materials might be designed and synthesized from this natural material with a satisfactory features. Those nanomaterials can be applied for several reactions as oxygen evolution reaction (OER), (nitrite, nitrate, nitrogen) conversion to ammonia (NH3), carbon dioxide (CO2) transformation to high value-added products, and so fourth. Therefore, the prospection of tetrataenite would be advantages for considerable engineering technologies and it may solve many issues in engineering fields.