1 · Iron at the center of heme
About two-thirds of body iron sits in hemoglobin, where an iron atom at the center of each heme ring lets it grab oxygen and later let it go.About two-thirds of your body's iron lives inside hemoglobin. Each hemoglobin is built from four subunits, and at the center of each sits a flat ring called heme — with a single iron atom (Fe) right at its middle.It is this iron that lets hemoglobin grab oxygen and later let it go. The site of action is inside the red blood cell — iron is the core part of this oxygen-carrying machine; without it the machine can't be built or run.